Bic: targets 2023 sales growth of 5% to 7%
(CercleFinance.com) - The disposable consumer good group's sales rose by 7.
2% to E560.3m at constant exchange rates and by 3.2% LFL in Q3, driven by a solid performance in Europe, the Middle East, Africa and Brazil.
Sales for the first 9 months of 2023 rose by 7.1% to E1,737.3m at constant exchange rates (up 3.8% on a comparable basis and 9.8% over the 12 months rolling.
The adjusted operating margin for Q3 2023 was 15.2%, up 3.9 points. Over 9 months, it stood at 15.0%, compared with 15.7% for 9m 2022.
EPS came to E1.39 in Q3 and E4.22 over 9 months.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
2% to E560.3m at constant exchange rates and by 3.2% LFL in Q3, driven by a solid performance in Europe, the Middle East, Africa and Brazil.
Sales for the first 9 months of 2023 rose by 7.1% to E1,737.3m at constant exchange rates (up 3.8% on a comparable basis and 9.8% over the 12 months rolling.
The adjusted operating margin for Q3 2023 was 15.2%, up 3.9 points. Over 9 months, it stood at 15.0%, compared with 15.7% for 9m 2022.
EPS came to E1.39 in Q3 and E4.22 over 9 months.
Copyright (c) 2023 CercleFinance.com. All rights reserved.