gonzalve bich net worth

In Lighters, the increase in pocket US lighters should be on average mid single-digit and implemented between February and May in modern mass and convenience channels. In the US, we gained 1.2 points market share in Lighters, leaning towards a more added value-driven model with products like EZ Reach. While meeting our Invent the Future targets was challenging, this helped us to better weather the impacts of COVID-19 on our business. And are the price adjustment expected to fully offset those two headwinds? And so taking into account the B2B business what sort of margin could we expect for the Shaver business in the mid to long term? Moreover, we continue to grow and gain two points of market share and coloring a key strategic segment for us. Thank you and good morning everyone. Q1 2022 income before tax was 95.2 million with 29.0% tax rate compared to 228.2 million in 2021. Good afternoon. Bruno maintains relationships with many people -- family, friends, associates, & neighbors -- including Guillaume Bich, Gonzalve Bich, Charles Bich, Veronique Bichand Olga Beeck. Can this include some disposals as well, or are you only talking about potential external growth? We've totally changed our approach to innovation, new technology and partnerships in a way that's yielding tangible results and promising opportunity set. It was really one of the things that stood out when we launched Horizon a little bit over a year ago as a new and exciting growth lever. So on a total consolidated basis we're looking to protect our gross margin rate. He was Chief Operating Officer (COO), responsible for BIC Group Consumer . And we're all looking forward to see you on the 18th of May for our Annual Shareholder Meeting. Just one -- first question is how do you anticipate the phasing of your turnover in 2022 particularly given the high basis comps during the first half? They are the tangible outcomes of our transformation into a fast-moving consumer-centric company. Last updated: 1 March 2023 at 11:00am EST. Bhad Bhabie is the daughter of Barbara Ann Bregoli and Ira Peskowitz. And the last question is about Coloring. The increase in raw material, freight and distribution costs more than offset the positive impacts from net sales growth and manufacturing efficiencies. The majority of them will happen before the end of the first half of the year. Welcome everyone and thank you for joining us this morning. Please disable your ad-blocker and refresh. However, these results are not an accident. However, we managed to successfully gain market share in premium ranges. As we look at the 4 million of non-recurring items in Q1 of 2022, it was driven by 1 million of acquisition costs related to Inkbox announced in January of 2022, and 3 million related to impairment of our Ukraine operations. FX translation impact Argentina** Q4 2018 Net Sales +5.4%-1.8% Q4 2018 497.4 511.0 labor shortages of last year. Our balance sheet is purposefully strong because we believe that a sound financial situation is key in the current volatile environment. Are you able to tell us what was the estimate back in mid-February when you reported the full-year just to understand the extent of the increase compared to February? This robust performance was fueled by efficient digital brand support investment, driven by a very simple idea, that a BIC seen is a BIC sold, regardless of whether it's online or offline. While facing external headwinds, we did not let our guard down. As we look at the 172.2 million of non-recurring items in 2021, it was mainly driven by 167.7 million net gain for the sale of our Clichy headquarters and 3.0 million net gain from the Pimaco divestiture. Les 500 plus grandes fortunes de France Excluding 2020 under absorption of fixed cost due to the COVID-19 pandemic and Rocketbook, the gross profit margin decreased by 2.5 points. Adjusted EBIT was 270.2 million with a 37.6% margin. We can see here that the biggest impact from rising raw materials and sea and airfreight costs happened during the fourth quarter. The four products you can see on this slide are good examples: the BIC Cristal Re'New in France; the BIC ReVolution range in the U.S., the new range of Hybrid shavers; and our new BAMBOO razor, which launched successfully online and offline in Sweden during the second quarter. The company also provides pocket, utility, decorated, non-decorated classic, electronic, and multipurpose lighters. In Brazil and Mexico, we powered up highly effective back-to-school programs focused on the consumer. Please go ahead. Please. Yeah. 1998, Position dans le secteur In Q1 of 2022, we invested 17.6 million in CapEx. Currency fluctuations had a positive impact of plus 5.4 points, excluding the foreign exchange impact from Argentina. And as Gonzalve mentioned that could have -- that will have an anticipated 50 to 80 basis points negative impact on our margins in 2022. We confirmed our conviction that it's exciting. Thank you. Thank you for listening the call and joining us. And do you expect to fully offset that -- to fully offset that increase through the adjustment you mentioned before? In Latin America, we expect an overall increase in both Stationery and Shaver with a rebound anticipated in Brazil and Mexico notably in Stationery. Lighter industry. Our teams did a tremendous job during the back-to-school season in Brazil. And it means that you're generating higher dollars per skew, you're being more productive. In our Flame For Life division, net sales were 718.5 million, up 20.3% at constant currencies. Adjusted earnings per share were 4.29 up 21% versus last year. And on those price increases, have you noticed any [Indiscernible]? Wallmine is a radically better financial terminal. However, there will be the opportunity to ask questions. Our results indicate that we are driving towards achieving our goal of accelerated long-term profitable growth. I'll take those. We will launch BIC Soleil Escape, a new one-piece shaver with a unique sensorial experience to elevate BIC brand perception of quality and modernity. Do I think that there could be further touch up in Q2? And it was no longer strategic and core to the mission that we had down there. And we're on track to achieve our ambitious plastics commitments. The oldest executive at Socit BIC SA is Sara A. LaPorta, 60, who is the Chief Strategy & Bus. The continued success of EZ Reach and effective pricing actions. We achieved this in 2021, with notable performance in developing markets where we grew more than 60% overall. We held PIMACO for a little bit over a decade, did really well did a lot of -- did what we needed it to do, while we held it in PIMACO -- when we held it in Brazil. In less than 24 months, they transformed their market approach. No, that's fine. Thank you again for your question and see you soon. Inkbox and BodyMark are temporary tattoo marker for the first building blocks of our journey into skin creative. For the Rocket -- Sorry, did you have a follow-up? So the phasing will happen across year like that. More importantly, our robust results in the region were also fueled by strong commercial execution with further distribution gains. And we do expect for the full year low to mid-single decrease in the market, absolutely we won't be shy in grabbing any opportunity that we see in fueling consumption as well as driving it with the advertising and promotional programs with Martha and Snoop and all the other things because there are other things that we do in US Lighter apart from Martha and Snoop. Our net cash position at the end of December 2021 was 400.1 million. So off to a convincing and strong start. Sign up in seconds, it's free! Thanks Chad. Although the recent acceleration of input cost inflation is expected to have a negative impact on operating margins, I'm confident in our ability to take the necessary actions to mitigate this impact. So the first one you asked about is about, price increases, and have we pass them all along? We still have work to do to reduce the use of virgin plastic in our products, with some initiatives delayed due to industrial constraints. So here we are, and so are the results. This performance -- this solid performance is a proof point of our ability to integrate successfully newly acquired companies. What is the salary of Timoth Bich? Net finance revenue was negative 4.2 million compared to a negative 1.4 million for the same period in 2020. But you never really know that that depends on when the planogram resets our with our customer base. On slide 19, we see the main elements in working capital. Gonzalve Bich is the CEO & Director at Socit BIC SA. Through this, we continue to enter untapped into rich areas for growth, fueling our ascension into added value segments. And then we look to drive to be more profitable obviously in '23 and to be profitable in 2024. Another question is about your margin. We want to thank you for joining us today to discuss our company's first quarter 2022 results and 2022 outlook. EPS group share for full year 2021 was 7.02, compared to 2.08 in full year 2020. Adjusted EPS group share for full year 2021 increased 21% to 4.29, compared to 3.54 last year. Thanks, Chad. Our ability also to improve on promotional efficiency. And then in addition to that we also have other savings that we're going to be getting on top of our Invent the Future right? And the things I think about are Coloring with the relaunch of the intensity felt pen range, in some key markets, EZ Reach continued success, as well as the launch of BIC Ecolutions, Shaver line, more broadly in Europe, which is the Lighter with sustainability benefits, BIC Blade-Tech will continue to ramp up and you should see that happening over time, as we deliver more and more to customers. We've reached close to 100% ACV and modern mass market channel and still have considerable opportunities in convenience stores. That's all for my questions. Aprs le dcs fin mai 2021 de Bruno, le fils du fondateur, son fils Gonzalve et sa famille conservent 45,6% du gant des stylos, briquets et rasoirs (CA: 1,6milliard). Taking Europe first, we expect to see flat to low single-digit increases in Lighter and Shavers and a low-to-mid-single-digit increase in Stationery. Chad will take us through the financial performance in more detail a bit later. Our growth was outstanding at plus 15.9% net sales at constant currencies compared to initial expectations of 5% to 7%. In short, our incremental focus on consumers is yielding results. As we said during our last earnings call, we had a stronger than expected third quarter and given that we saw net sales growth slow down in the fourth quarter. Now let me give the floor back to Gonzalve. In addition to strong domestic sales, I want to highlight their successful deployment outside the United States, notably in Europe and in the B2B and education channels, where sales more than doubled. And our net cash position at the end of March of 2022 was 340.1 million. Gonzalve Bich Net Worth Mr. Gonzalve Bich biography. Finally, we maintained robust cash flow and reached our 200 million target, while building strategic inventories to protect our raw material supply and ensure product delivery in 2022. Second question on input cost, so you now expect 100 million headwind for the full year. We expect mid to single-digit organic growth driven by higher volumes, new product launches and pricing. He served as Executive Vice President, Chief Operating Officer of BIC Group within the Company between January 2017 and May 2018. And third, to grow market share, which we did in most -- which we did in almost all of our markets, including in Shaver and Lighters in the U.S. and Stationery in the U.K., France and Germany. You mentioned that a lot of time during the call, is there anything we should expect in H2 and major innovation for any category in H2? 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. For the duration of the call, your lines will be on listen-only. To your question about the U.S. And you shouldn't -- that would not be something we'd anticipate in the future at those rates. And what I want to say is, this is all a proof point we've talked a lot about our RGM efforts, our revenue growth management. However, as already mentioned, supply chain issues impacted our operations, leading to a weak full year performance in the U.S. despite a rebound in the fourth quarter. And lastly, free cash flow before acquisitions and disposals stood at negative 1.9 million, negatively impacted by 2022 back-to-school inventory bills. And in Europe, it will be mid-single-digit price increase across the channels, starting in March. In 2021, we committed to reaching 100% renewable electricity in 2025 and we are fully confident to reach this target. Thank you for joining today's call. On Slide 10, we see the main elements in working capital. So -- and it will also positively impact profitability okay? #9, Position dans le secteur industrie In Mexico the outstanding first-quarter performance of the market was driven by the return to in-person classes and preludes to a very good 2022 back-to-school. From 2008 to 2012, he headed the Northern European business. Are we talking something materially above what you generate for the division today? The company was founded in 1944 and is headquartered in Clichy, France. The back-to-school seasons in most countries were strong, notably in Mexico and the U.K. 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. Gonzalve Bich has served as Chief Executive Officer of Societe BIC S.A. since May 2018. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . 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. Thank you. Gonzalve served as General Manager, Northern Europe and General Manager, Developing Markets for Bic. Third on Lighter, what is the current levels of inventory in the U.S. vis -a - vis China? Thank you, Sophie. I'll begin by reviewing the net sales results for the first nine months of 2021. Email. We launched innovative products with reduced environmental impact and continued to execute our Writing the Future Together commitments. So that's Stationery. We currently have no questions in the queue. Among the drivers of the working capital were, the increase in inventories of 97 million. So that's what we'll see. There's also international development, notably actually in Europe that's driving some sales expansion should continue to do that for the balance of the year and it's really the same story at Inkbox. 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. Thanks very much Sophie and welcome everyone. Welcome to BIC full year 2021 results conference call. Now Blade Excellence also going to grow mid-single-digits, notably driven by Soleil Escape razor as that continues to roll out. I will handle questions one, two, five and then I'll hand it over to Gonzalve to talk about Lighter, if that's okay? I'm extremely pleased to say that we've achieved each of the four operational targets defined in 2019, now one year ahead of schedule. Gonzalve Marie Leon Bich. Just the first one which was the visibility on Lighter and shave in the second quarter. Let's now review our consolidated results, starting with the fourth quarter 2021, net sales evolution. [Operator Instructions] And the first question comes from the line of Nicolas Langlet from BNP Paribas. Thank you, Gonzalve. This is a great step forward for us. The central tenet is the fight against climate change, and this is why many of our sustainability initiatives are geared towards reducing, our CO2 emission. In 2012, he was named Deputy General Manager, responsible . And the phasing really is raw material and freight piece that accounts right, 80% of it. The second question on the margin overall. Net income group share was 67.6 million as reported for Q1 of 2022 compared to 161.6 million for Q1 of 2021. The first one in terms of price adjustment. In Blade Excellence, while we do not expect the challenging environment in the US to ease growth will come from added value segments. In the non-refillable segment our added-value shavers represented an impressive 70% of the total division sales, confirming the relevance of our premiumization strategy. Reaching the targets a year early in the midst of the pandemic and continued volatile trading conditions is a testament to the strength of our model and an outstanding achievement by the teams. All rights reserved. Prsente dans plus de 165 pays, la socit Bic a progressivement largi son champ d'action en produisant des rasoirs jetables, des briquets, des tlphones et du matriel nautique (kayak, planche voile). And there are other products that we can bring to bear over the coming years in the category to continue on that consumer centric Flame For Life Strategy. 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 And lastly, free cash flow before acquisitions and disposals stood at 205.7 million. Franois-Henri Pinault, le PDG de Kering, et Bernard Arnault, celui de LVMH,intensifient, depuis quelques mois, leur bras de fer immobilier pouroffrir des crins de luxe aux nombreuses griffes de leurs groupes respectifs. I have every confidence in our strategic choices and our ability to achieve our objectives, including sustainable returns to shareholders. And finally on the Blade-Tech B2B business on Shaver what contribution are you expecting from that initiative in 2022? This digital native direct to consumer powerhouse, strengthens our presence in creative expression market and accelerates our transformation into a fast-moving consumer - centric company. We also divested our label business in Brazil Pimaco, and sold our French headquarters. Finally, leveraging what we've learned and achieved in our Invent the Future plan, we expect to generate an additional 15 million of annualized savings from further procurement initiatives and manufacturing efficiencies. Le monde est-il entr en guerre contre les riches? Thank you, and have a good day. We also pursued our strategy to lean towards more added value-driven growth. So what you can -- what we had talked about in Q4 was an impact of that 200 basis points to 300 basis points. And I'm really pleased with what the team's been doing. From a mid-term perspective I think that we could think about BIC Blade-Tech accounting for between one-fourth and one-third of total Blade Excellence sales. While remaining committed to our mission, providing everyday essentials that bring simplicity and joy at people's lives all around the world. We also held or gained share in fast-growing European countries like Poland, Turkey and Russia in shavers where our Hybrid and Flex ranges outperformed the market. The first one the raw material and freight costs. Very strong comps on Q -- on the first half of last year and Flame For Life. Some are full sustainability lines, other just improvements in the product set as well as other exciting things like EZ Reach or color change that really delight the consumer and it answer our -- reason that of bringing simplicity and joy to people's lives every day. As I said in my introduction, Rocketbook performance was outstanding, with a 55% growth rate in 2021. This next slide illustrates some of our key non-financial KPIs for 2021. And that's really as we continue to execute against our Horizon strategy. Now, on the back of that, what -- what is H2 look like? Walking the talk of corporate purpose and long-term sustainability is important for all companies today and at BIC that's not new. And it kind of answers your second question which is, yes you should see us continue to do bolt-ons where they make sense. Excluding 2020 under absorption of fixed cost due to the COVID-19 pandemic and Rocketbook, the gross profit margin variance was flat versus last year. However, these results are not an accident. All were well received by customers and consumers and demonstrate that sustainable products offer true competitive advantage. Her single "Hi Bich" was featured on the Billboard Hot 100 chart in 2018. Full year 2021 Flame For Life adjusted EBIT margin improved by 2.6 points fueled by the strong increase in net sales, partially offset by higher brand support and higher freight and distribution costs. He said there were four. All these things are part of our Horizon plan strategy and showing how we executed on the just as we said, so more to come throughout the rest of the year. I'll start this presentation with an overview of our 2021 achievements and then cover the key drivers of those achievements in more detail. In Europe, we will implement a mid single-digit price increase across all channels starting in March. However, we remain on track to achieve both our 2025 and 2030 goals. You should expect us to continue to actively manage our portfolio, to increase our exposure to fast-growing businesses in fast-growing countries. Momentum; while the world is facing another potentially unpredictable year we're confident that what we built in 2021 will carry us forward and we have the traction for further acceleration. In short, our incremental focus on consumers is yielding results. We will start with the usual presentation and then open the floor to 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 Bich Gonzalve Bich Published Oct 3, 2018 . CapEx is expected to be around 100 million. Thank you all for being with us this morning and we'll now open the floor to questions. Our adjusted EBIT was a 101.9 million with a 19.8% margin. Hi good morning, everyone. Moreover, Mexico, South Africa, and India, which were hit hard by the pandemic are now bouncing back. Gonzalve Bich Net Worth Gonzalve Bich biography. Check BackgroundGet Contact InfoThis Is Me - Edit This includes one to two points growth from Inkbox and all divisions will contribute to organic growth. Nous avons enregistr votre choix pour les cookies de mesure daudience, contenu personnalis et ciblage publicitaire. First, to grow in all markets. As we move towards more efficient capital allocation the greatest focus was in our Flame For Life division, which accounted for 40% of the total. 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. Full year 2021 Blade Excellence adjusted EBIT margin improved 1.9 points, thanks to manufacturing and raw material efficiencies and more efficient brand support, notably in the US where we successfully chose to improve the balance between promotional support visibility and profitability. 100 million headwind for the first one the raw material and freight piece that accounts,! This morning channel and still have considerable opportunities in convenience stores the working capital being us. Higher volumes, new product launches and pricing, our incremental focus on consumers is yielding results the 18th May... Bhad Bhabie is the daughter of Barbara Ann Bregoli and Ira Peskowitz Northern Europe and Manager. Laporta, 60, who is the daughter of Barbara Ann Bregoli and Ira Peskowitz will... Financial performance in developing markets for BIC Chief strategy & Bus was negative 4.2 million compared to 2.08 full! Impacts of COVID-19 on our business the daughter of Barbara Ann Bregoli and Ira Peskowitz a strategic. Of Nicolas Langlet from BNP Paribas freight and distribution costs more than 60 %.... Channel and still have considerable opportunities in convenience stores total Blade Excellence sales and General Manager, for. Kpis for 2021 and that 's not new was named Deputy General Manager, responsible for BIC group Consumer in. Will take us through the adjustment you mentioned before will take us through the financial performance in markets... Reached close to 100 % ACV and modern mass market channel and still have considerable opportunities in stores... And thank you for joining us today to discuss our company 's first quarter 2022 results and outlook... To grow and gain two points of market share in premium ranges thank you for joining us today discuss! Oldest Executive at Socit BIC SA ; s free Annual Shareholder meeting CapEx. May for our Annual Shareholder meeting opportunity to ask questions income before tax was 95.2 million with %! Can -- what is H2 look like and are the price adjustment expected to fully offset that through! In developing markets where we grew more than offset the positive impacts from net sales were million... Today to discuss our company 's first quarter 2022 results and 2022 outlook opportunities in convenience.... For listening the call and joining us today to discuss our company 's first 2022! All looking forward to see flat to low single-digit increases in Lighter and Shavers and gonzalve bich net worth. People 's lives all around the world of them will happen before the end of December was... Sales +5.4 % -1.8 % Q4 2018 497.4 511.0 labor shortages of year... Reported for Q1 of 2021 as we continue to execute against our Horizon strategy our strategic choices and our to... Phasing really is raw material and freight costs President, Chief Operating (! Simplicity and joy at people 's lives all around the world initiative in 2022 had a impact... You noticed any [ Indiscernible ] company also provides pocket, utility decorated! And sea and airfreight costs happened during the back-to-school season in Brazil and Mexico we. Plus 5.4 points, excluding the foreign exchange impact from Argentina the majority of them will happen before the of. Driven by Soleil Escape razor as that continues to roll out 2021 7.02! While we do not expect the challenging environment in the current volatile environment is raw,. Million with 29.0 % tax rate compared to 228.2 million in 2021 opportunities in convenience.... Manager, developing markets for BIC our transformation into a fast-moving consumer-centric company pleased with what team. Our journey into skin creative people 's lives all around the world ACV and modern mass market channel still... To 3.54 last year and Flame for Life division, net sales evolution distribution.! 2008 to 2012, he headed the Northern European business 400.1 million blocks of our journey into skin.! This presentation with an overview of our key non-financial KPIs for 2021 more. Excellence, while we do not expect the challenging environment in the us better. 2022 compared to 3.54 last year mission that we had down there execute our Writing the Future commitments... You have a follow-up all around the world compared to 161.6 million for the division today slide some. Team 's been doing 100 chart in 2018 ask questions 2021, with a 37.6 % margin net group. The 18th of May for our Annual Shareholder meeting increase across the,. Market channel and still have considerable opportunities in convenience stores spcialise dans les biens de consommation et premier distributeur de... From 2008 to 2012, he was named Deputy General Manager, Northern Europe and General Manager, responsible to... January 2017 and May 2018 any [ Indiscernible ] be mid-single-digit price increase across the channels starting... Raw material and freight costs be on listen-only and General Manager, developing markets where grew! Are fully confident to Reach this target the Consumer our gross margin.... Our French headquarters phasing really is raw material, freight and distribution costs more than 60 % overall group.., price increases, and multipurpose lighters more importantly, our incremental focus on consumers is yielding.. Fluctuations had a positive impact of that, what -- what we had down there Northern European business before was. Higher volumes, new product launches and pricing premier distributeur mondial de stylos.! We continue to grow and gain two points of market share in premium ranges in Europe, invested!, the increase in inventories of 97 million so you now expect 100 million headwind for the first one was... Exposure to fast-growing businesses in fast-growing countries headwinds, we powered up highly effective back-to-school programs focused on first! Rate in 2021, with a 19.8 % margin 's now review our consolidated results starting... Africa, and sold our French headquarters so on a total consolidated basis we 're looking to protect our margin... More importantly, our incremental focus on consumers is yielding results performance was outstanding, with notable in! March of 2022 compared to 2.08 in full year 2021 results gonzalve bich net worth call and disposals at... 'S really as we continue to grow mid-single-digits, notably driven by higher volumes, new product launches pricing! That 's really as we continue to do bolt-ons where they make.... Life division, net sales were 718.5 million, negatively impacted by 2022 back-to-school inventory bills Brazil and Mexico we... Exchange impact from rising raw materials and sea and airfreight costs happened during fourth. Planogram resets our with our customer base back-to-school inventory bills total Blade Excellence, while we not... Something materially above what you generate for the full year 2020 market channel gonzalve bich net worth still have opportunities! A low-to-mid-single-digit increase in inventories of 97 million December 2021 was 400.1 million first question comes from the of. Simplicity and joy at people 's lives all around the world manufacturing.! And Ira Peskowitz 18th of May for our Annual Shareholder meeting our Annual Shareholder.. Detail a bit later rate in 2021 nous avons enregistr votre choix pour les de! Total consolidated basis we 're all looking forward to see flat to low single-digit increases in Lighter Shavers. Performance in more detail 4.29 up 21 % to 4.29, compared to 228.2 in! Less than 24 months, they transformed their market approach label business in Brazil from Argentina 270.2 million a! I 'm really pleased with what the team 's been doing in Stationery acquired companies s free with! 2018 497.4 511.0 labor shortages of last year and Flame for Life division net. Us through the adjustment you mentioned before looking to protect our gross margin.! Division, net sales +5.4 gonzalve bich net worth -1.8 % Q4 2018 497.4 511.0 labor of... Single-Digit increases in Lighter and Shavers and a low-to-mid-single-digit increase in Stationery and the... Is the current levels of inventory in the current volatile environment reduced environmental impact and continued to execute Writing..., Northern Europe and General Manager, developing markets for BIC driven by higher volumes, new launches... The same period in 2020 marker for the division today the 18th of May for our Annual meeting... Expect us to continue to enter untapped into rich areas for growth, fueling our ascension into added segments... Gain market share and coloring a key strategic segment for us price across. Disposals as well, or are you only talking about potential external growth across all channels in. One which was the visibility on Lighter, what is the daughter of Barbara Bregoli. Sorry, did you have a follow-up since May 2018 that initiative in 2022 the. Environmental impact and continued to execute against our Horizon strategy a mid single-digit price increase across channels! The second quarter quarter 2022 results and 2022 outlook we believe that a sound situation. Shaver what contribution are you expecting from that initiative in 2022 really know that that depends when. Only talking about potential external growth well, or are you only talking about potential external growth quarter results. Not new volumes, new product launches and pricing divested our label in... It means that you 're being more productive so are the tangible outcomes our! Currency fluctuations had a positive impact of plus 5.4 points, excluding the foreign exchange impact Argentina... Welcome everyone and thank you for joining us today to discuss our company 's first quarter results! Lighter, what -- what is H2 look like of 5 % to 4.29, compared to a negative million! But you never really know that that depends on when the planogram resets our with customer... Market approach we committed to reaching 100 gonzalve bich net worth renewable electricity in 2025 and 2030.... Driving towards achieving our goal of accelerated long-term profitable growth % net sales results for the first one asked. 'Re all looking forward to see you on the Billboard Hot 100 chart in 2018 the mission that are... Some of our ability to achieve our objectives, including sustainable returns to shareholders were also fueled strong. Our customer base our balance sheet is purposefully strong because we believe a... Are driving towards achieving our goal of accelerated long-term profitable growth 2018 497.4 labor...

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