1/30/2024 0 Comments Bic intensity markersIn a time of such macroeconomic uncertainty, our delivery of high-quality and value-for-money products that consumers trust drove topline growth following the prior year’s exceptionally high comparable basis.įor the balance of the year, we will continue to focus on exemplary omnichannel execution as we bring consumer-centric innovation to both core and added-value products. Sales momentum was bolstered by strategic investments globally in expanded distribution channels, as well as compelling new consumer advertising campaigns helmed by influential celebrity talent. This includes the launches of our new BIC ® EasyRinse razor in the US, the BIC ® EZ Reach lighter in Europe, and an exclusive collection of Inkbox semi-permanent tattoos, available for the first time in-store at a major US retailer. ![]() Gonzalve Bich, Chief Executive Officer commented: “Heightened consumer demand for recent product innovations resulting from our Horizon Plan drove market share gains across most of our key regions during the first quarter of 2023. KEY GROUP FINANCIAL FIGURES in million eurosįree Cash Flow before acquisitions and disposals 8 million due to higher inventory build ahead of the Back-to- S chool season. 0 % impacted by input cost inflation, negative Forex, further investments in Brand Support and Opex. Horizon delivered further results : success of new, consumer- centric and more sustain a ble products and robust commercial execution both online and in-stores. ![]() 0 % Net Sales growth at CC, fueled by efficient commercial execution in Europe and added - value products in Latin America Excluding this impact, Net Sales would have grown 8.2 % at CC Flame for Life : -1.3% Net Sales change at CC versus Q1 2022 that benefited from exceptional Net Sales performance in US lighters related to positive phasing.5 % Net Sales growth at constant currency ( CC ), driven by strong Back-to-School season in Brazil and double - digit growth in the Middle East and Africa region s
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