societe bic sa (BB:EN Paris)
societe bic sa (BB) Snapshot
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Open
€85.41
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Previous Close
€84.94
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Day High
€86.87
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Day Low
€85.02
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52 Week High
02/1/13 - €101.50
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52 Week Low
06/4/12 - €75.55
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Market Cap
4.2B
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Average Volume 10 Days
73.7K
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EPS TTM
€5.56
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Shares Outstanding
48.3M
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EX-Date
05/24/13
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P/E TM
15.6x
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Dividend
€2.56
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Dividend Yield
2.54%
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Related News
societe bic sa (BB) Related Businessweek News
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Societe BIC Société Anonyme manufactures and distributes stationery, lighters, and shavers in France and internationally. Its stationary products include ballpoint pens, gel pens, roller pens, fountain pens, felt pens, pencils and mechanical pencils, permanent markers, highlighters, dry-erase markers, coloring pencils, crayons, arts and crafts kits, correction fluid, correction pens and tapes, erasers, and adhesive labels. The company also offers stationery accessories, such as sticky notes, notebooks, glues, tracing products, sharpeners, and scissors. In addition, it provides other consumer products, including surfboards, wind surfboards, kayaks, and stant-up-paddles; and advertising and promotional products, such as stationery products, clothing, bags, awards, and drink ware that are imprinted with a logo or advertising message to support a company’s marketing and media strategy. The company offers its products under the BIC, Tipp-Ex, Wite-Out, Sheaffer, BIC Kids, BIC Matic, BIC Graphic, and Norwood PP brand names. The company sells its products through stationery stores, office product companies, mass-merchandisers, convenience stores, distributors, wholesalers, and cash-and-carry outlets. Societe BIC Société Anonyme was founded in 1945 and is headquartered in Clichy, France.
societe bic sa (BB) Top Compensated Officers
societe bic sa (BB) Key Developments
SOCIÉTÉ BIC announced that, at its joint extraordinary and ordinary annual shareholders meeting held on May 15, 2013, at the meeting the company approved the payment, from May 29, 2013, of an ordinary dividend amount of EUR 2.56 per share, up 16.4% compared to the last year ordinary dividend. At the same meeting, the company approved the appointment of Elizabeth Bastoni as new independent Director of the Board succeeding Gilles Pélisson, Director of the Board from 2001 to 2013 whose mandate has expired.
Societe BIC Société Anonyme reported consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net sales of EUR 428.6 million compared to EUR 445.0 million reported in the same period last year. Normalized income from operations was EUR 66.7 million against EUR 79.9 million reported last year. Income from operations was EUR 65.2 million against EUR 81.1 million reported last year. Net income was EUR 45.2 million or EUR 0.95 per share against EUR 56.7 million or EUR 1.20 per share reported last year. First quarter of 2013 net income included EUR 0.9 million from income from associates (Cello Pens). Net cash from operating activities was EUR 56.9 million against EUR 52.2 million and capital expenditure was EUR 27.9 million against EUR 19.3 million reported last year. For the full year 2013, the company expects net sales on a comparative basis to grow in line with mid-term objectives of 2% to 4%. Normalized IFO margin should be in the higher end of 15% to 20% mid-term objectives range. First quarter tax rate of 31.8% is company's best estimate for a full year 2013 tax rate.
Societe BIC, S.A. reported earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported net sales of €464.1 million, income from operations of €68.6 million, income before tax of €72.0 million, group net income of €50.1 million or €1.06 per share compared to the net sales of €469.8 million, income from operations of €75.0 million, income before tax of €79.9 million, group net income of €54.0 million or €1.13 per share for the same quarter year ago. For the year, the company reported net sales of €1,898.7 million, income from operations of €370.5 million, income before tax of €381.0 million, group net income of €263.1 million or €5.56 per share compared to the net sales of €1,824.1 million, income from operations of €339.7 million, income before tax of €348.8 million, group net income of €237.9 million or €5.00 per share for the previous year. Cash flows from operations was €369.5 million compared to the €340.8 million for the previous year. Net Capital Expenditures were €117.3 million compared to the €85.2 million for the previous year. The company announced that it is recommending EUR 2.56 as ordinary dividend for the year ended December 31, 2012, payable on May 29, 2013 subject to approval at the AGM of May 15, 2013.
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Industry Analysis
BB
Industry Average
| Valuation | BB | Industry Range |
| Price/Earnings | 16.2x |
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| Price/Sales | 2.1x |
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| Price/Book | 2.6x |
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| Price/Cash Flow | 16.3x |
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| TEV/Sales | 2.0x |
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To contact SOCIETE BIC SA, please visit www.bic.fr. Company data is provided by Capital IQ. Please use this form to report any data issues.
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