BIC announces increasing sales
| 14 May, 2014
BIC finished 2013 with a strong fourth quarter and an increase in sales in most geographies, the French manufacturer reported in a meeting held today in Clichy.
At an Extraordinary and Ordinary Annual Shareholders’ Meeting, Bruno Bich, Chairman of the Board, said : “We finish the year with a strong Q4 showing an increase in both net sales and operating margin and the full year 2013 was a good year for BIC combining market share gains in most geographies, solid organic sales growth for our consumer categories and strong cash generation. This performance was accomplished thanks to BIC employees’ day-to-day commitment to offer customers and consumers high-quality innovative products at the right price.”
BIC reported in April that its stationery sales were up 4% for the first quarter of 2014, boosted by a strong performance in Europe and the consolidation of India’s Cello Pens.