Since the launch of the plan, we acquired two fast-growing companies Rocketbook and Inkbox, in addition to Djeep bought in June of 2020. The company also provides pocket, utility, decorated, non-decorated classic, electronic, and multipurpose lighters. In Latin America, we expect an overall increase in both Stationery and Shaver with a rebound anticipated in Brazil and Mexico notably in Stationery. For the duration of the call, your lines will be on listen-only. We talked about the launch of a subscription offer, which we're going to be doing, and more collaborations with artists. I will now hand over to your host Sophie Palliez to begin today's call. And we plan really to continue to drive that because it's one of those critical, important pillars of the Human Expression strategy that we have in Horizon. But we will be growing in all of the divisions. Her single "Hi Bich" was featured on the Billboard Hot 100 chart in 2018. There are 2 older and no younger executives at Socit BIC SA. Inkbox and BodyMark are temporary tattoo marker for the first building blocks of our journey into skin creative. H2, very clear, will grow. In the first quarter of 2022, we invested 58.3 million related to the Inkbox acquisition, net cash was also impacted by investments in CapEx as we invested 17.6 million during Q1 of 2022. Gonzalve Bich's Phone Number and Email. Vous vous tes inscrit pour recevoir lactualit en direct, quest-ce qui vous intresse? [Operator Instructions]. From a market perspective, Nicola for '23, I think you're going to see a continued softness. As a result, we expect full-year 2022 Adjusted EBIT and earnings to grow year-on-year, driven by higher volumes and positive price impacts. We currently have no questions in the queue. For instance, fixed new intensity, color change pen, which transforms every day writing into a creative opportunity is launched in most geographies. Our teams did a tremendous job during the back-to-school season in Brazil. This next slide shows the impact of input cost inflation on gross profit in 2021 and 2022 in millions of Euros. In 2021, we shifted gears in e-commerce and grew BIC e-commerce net sales by 21%. And we'll continue to look to supporting our R&D as well as we look to long-term innovation. Excluding 2020 under absorption of fixed cost due to the COVID-19 pandemic and Rocketbook, the gross profit margin decreased by 2.5 points. year, it was inconceivable that growth rates would more than double. And probably could you help us also to monetize our margins in terms of phasing for all over the year? First, to grow in all markets. Thanks. However, there will be the opportunity to ask questions. In Shaver, we will focus on revenue growth management to leverage price pack architecture and promotional effectiveness to ensure we deliver a portfolio to meet consumer needs in Europe and the US. Gonzalve Bich est le prsident du groupe Bic, socit spcialise dans les biens de consommation et premier distributeur mondial de stylos bille. Okay. Whitepages people search is the most trusted directory. These robust results are important achievements for 2021, but more importantly they position us strongly against our competitors in 2022. EPS group share for Q1 2022 was 1.53 compared to 3.59 in Q1 2021. We will start with the usual presentation and then open the floor to your questions. In Lighters, the increase in pocket in US Lighter will be mid single-digit and will be implemented between February and May of this year in both modern mass market and convenience channels. They will start by an overall presentation of our 2021 performance and 2022 outlook. And the third question -- the fifth, but I'll call my third question, is the U.S. -- Euro hedging. Thank you for your questions. Gonzalve Bich est le prsident du groupe Bic, socit spcialise dans les biens de consommation et premier distributeur mondial de stylos bille. Gonzalve Marie Leon Bich. And looking more in the mid- to long term now that you have worked on that initiative for a couple of quarters what sort of market opportunity do you see in the mid to long-term? First question is on the phasing for 2022. In 2021 we invested 7.2 million, related to the HACO Industries, Djeep and Rocketbook acquisitions. We also held share in the one-piece shavers segment outpacing the strategic three-blade segment in both countries. And good afternoon, everyone. Further, the company is involved in the provision of delivery services; production of industrial equipment; and manufacture and distribution of IT solutions and consumer products, as well as in real estate and insurance activities. Thank you. In 2021, we committed to reaching 100% renewable electricity in 2025 and we are fully confident to reach this target. In addition, it sells pantyhoses, batteries, and shaving preps; and advertising and promotional products. Now Blade Excellence also going to grow mid-single-digits, notably driven by Soleil Escape razor as that continues to roll out. En 1945, la socit PPA (Porte-plume, Porte-mines et Accessoires) est cre par Marcel Bich. But you should see us also take bigger bites as we add pearls to the string in digital expression SKIN CREATIVE or the broader creative expression space. Thank you, Gonzalve. So on a total consolidated basis we're looking to protect our gross margin rate. Walking the talk of corporate purpose and long-term sustainability is important for all companies today and at BIC that's not new. Q1 2022 income before tax was 95.2 million with 29.0% tax rate compared to 228.2 million in 2021. Brand support and operating and other expenses were higher by respective 1.6 points and 1.2 points, as we continue to invest in our brands and our organization to support short- and long-term growth. So I would say ahead of the game there. And we're on track to achieve our ambitious plastics commitments. My name is Jess, and I'll be your coordinator for today's events. Socit BIC SA executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Les 500 plus grandes fortunes de France Bruno maintains relationships with many people -- family, friends, associates, & neighbors -- including Guillaume Bich, Gonzalve Bich, Charles Bich, Veronique Bichand Olga Beeck. Yes, good morning. Turning to blade excellences, adjusted EBIT margin, it increased by 9.7 points driven by net sales leverage, favorable fixed cost absorption, as well as the positive contribution from BIC Blade-Tech B2B business. To achieve this double-digit online growth, we need three things. Gonzalve Bich is the CEO & Director at Socit BIC SA. And I really love that collaboration and you should continue to see those really interesting, edgy designs that are so critical to the appeal of the product in addition to its tremendous just application benefits. Among the drivers of the working capital were, the increase in inventories of 97 million. And so we divested it and it's on to a future that it has. Okay. BrunoBichnen a pas hrit car le titre se transmet uniquement lan. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. (Indexes sur le cours de la bourse). Which I will tackle in a second. This next slide illustrates some of our key non-financial KPIs for 2021. And again, demonstrate not only our commitment to sustainability in our product design, but also bring that to consumers and show them that really takes this and puts it in their hand every day. She amassed most of her wealth from her musical career and several other engagements. Gonzalve Bich Director and Chief Executive Officer CHAD SPOONER Chief Finance Officer Sara LaPorta Stratgie et Dveloppement Business CHESTER TWIGG Group Commercial Officer ELIZABETH MAUL Group Insights, Innovation & Sustainability Officer GARY HORSFIELD Group Supply Chain Officer FRANOIS CLMENT-GRANDCOURT Group Lighters General Manager Adjusted net income group share was 191.7 million, compared to 159.4 million last year for the same period. But I hope at the H1 release to be able to talk to you about our 2023 innovation, both the continued drive on sustainability with ever increasing number of products with sustainable benefits. So welcome to BIC First Quarter 2022 results presentation. And in shave, I'm proud to say that BIC Soleil Escape, a new women's razor, offering a novel multi-sensory experience, boosted sales performance in the U.S., as soon as it launched. In 2022, as we pursue our transformation towards a more agile organization, we're confident to continue in this direction and we are planning additional savings which will help mitigate headwinds. First, we will increase volumes, which will positively impact our fixed cost absorption. Very clear. Chad will take us through the financial performance in more detail a bit later. Now before I conclude with our 2022 financial outlook, I'd like to share the factors that will underpin our financial performance this year. However, these results are not an accident. Our next major milestone within reach is attaining a 15th share of this important pillar of horizon. What is the salary of Mr Bich? [Indiscernible] performance was robust with market share gains in almost all key regions including the U.S., France, UK, South Africa, and Brazil. Mr Bich is 42, he's been the CEO & Director of Socit BIC SA since . Gonzalve Bich Net Worth Mr. Gonzalve Bich biography. [Operator Instructions] And the first question comes from the line of Nicolas Langlet from BNP Paribas. You ended the year with 400 million of net cash and you did not distribute any extraordinary dividend. Create your alert. Marcel Bich possdait le titre de baron, accord son aeul par le roi de Sardaigne en 1841. In the U.S. the launch of our new razor Soleil Escape was a success and contributed to growth. I'm sorry. Et 200 grandes fortunes rclament une taxation accrue. What Is Bhad Bhabie's Net Worth? Et tombe en dcrpitude, au grand dam des habitants. The company was founded in 1944 and is headquartered in Clichy, France. And the third is growth. So that's how you can think about phasing from first half to second. No problem. 1998, Position dans le secteur And of course, the continued ramp up of our B2B business Bic Blade-Tech. So those are how we respond there. In addition, to our successful core products added value items such as, EZ Reach and Djeep will continue to grow and we plan to launch new decorated additions for both products this year. So that's from the topline. Not in H2. And maybe one last quick question on the innovation. Thank you for listening the call and joining us. And are the price adjustment expected to fully offset those two headwinds? What impact have you factored in your guidance for 2022 for those two items? Gonzalve will explain in more detail how we expect to mitigate these impacts. Good afternoon. Wallmine is a radically better financial terminal. Adjusted EPS group share for Q1 2022 increased by 67% to 1.60 compared to 0.96 last year. We've doubled down on our manufacturing capabilities and realize the potential of our unique industrial expertise, and where appropriate, commercialized it in an accretive way. The perimeter impact adjustments are driven by the acquisition of Rocketbook plus 2.8 points; and Djeep plus 0.5 points, partially offset by PIMACO divestiture. Today, EZ reach is almost at 6% market share. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Can we have an idea of how these impacts could be phased between H1 and H2, do you anticipate stronger impact in Q2, Q3, just to have an idea. He served as Executive Vice President, Chief Operating Officer of BIC Group within the Company between January 2017 and May 2018. Our goal is to mitigate their impact on our P&L as much as possible and to protect our margins, and we have action plans. So do you plan to strengthen the deal firm? So we're not afraid of disposals. We all know that in mass manufacturing business like BIC, that translates into mid and long term sustainable savings, which can either be reinvested into the business or dropped to the bottom line. This innovative program accelerates our path towards genuine long-term value creation for all of our stakeholders, which I'm extremely proud of. So I'll just repeat, the fact that we have plans to increase prices in all categories and regions and I'll walk through those again for you slowly. We can now more rapidly respond to shifting consumer trends and the evermore challenging macroeconomic environment. In line with our Horizon Plan Capital Allocation Policy, the Board will propose a 2.15 per share ordinary dividend at the next Annual General Meeting for a payout ratio of 50% and an increase of 19.4% compared to 2021. While facing external headwinds, we did not let our guard down. We started doing so in September of last year. Hi good morning, everyone. 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