Thanks very much Sophie and welcome everyone. Gonzalve Bich Net Worth Mr. Gonzalve Bich biography. Let's call it. Net cash from operating activities was 15.7 million, including 122.8 million in operating cash flow and 107.1 million of negative impact from the change in working capital and others. This is Chad. 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). The Q4 gross profit margin increased by 0.9 points to 49.0%, compared to 48.1% in Q4 of 2020. When we announced the launch of our B2B business and Shaver Bic Blade-Tech, we expected that the first visible outcomes of this new strategy would not occur before this year 2022. As we continue to focus on driving complexity reduction across our portfolio, we achieved a 10% SKU reduction in the first quarter of this year. Gonzalve Bich is the CEO & Director at Socit BIC SA. We will then open to your questions. For instance, fixed new intensity, color change pen, which transforms every day writing into a creative opportunity is launched in most geographies. The adjusted EBIT margin was 19.8% compared to 14.7% in Q1 of 2021. We expect approximately a 100 million impact on adjusted EBIT for the full year, to be more than offset by higher volume and positive pricing. 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. And probably could you help us also to monetize our margins in terms of phasing for all over the year? Lighters should decrease low-to-single digit. Now, before I give the floor to Chad, I want to say a word about our Invent the Future plan. 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. There are no executives at Socit BIC SA getting paid more. These robust results are important achievements for 2021, but more importantly they position us strongly against our competitors in 2022. The Investor Relations team remains at your disposal to answer any follow-up questions. First question is on the phasing for 2022. This is explained by the 2022 unfavorable impact of the fair value adjustments to financial assets denominated in U.S. dollar against the Brazilian real. If we turn back the clock a little, it's important for us to remember that the first quarter of '22 performance was extremely strong. So I would say ahead of the game there. Thank you, and have a good day. What is the salary of Timoth Bich? I've got three questions from my side. 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. 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. 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. Consistent with our Horizon Plan's target 2022 free cash flow is expected to be above 200 million. When we announced the acquisition two months ago, not even two months ago. And of course, our new B2B business BIC Blade tech will continue to ramp up and contribute sustainably to the division's growth and profitability in 2022. In addition, it sells pantyhoses, batteries, and shaving preps; and advertising and promotional products. Last updated: 1 March 2023 at 11:00am EST. This next slide summarizes the evolution of our net cash position between December 2020 and December of 2021. Thanks Chad. We expect a very strong first half of the year so it will be above -- in the high end of the 7% to 9% range that Gonzalve gave on the organic sales. Gonzalve. Entre Pinault (Kering) et Arnault (LVMH), l'trange Monopoly parisien. In 2021, we invested 75 million in CapEx. And really this is where we are seeing this benefit from, right? The second point is our resilience to external headwinds. As Gonzalve mentioned earlier, we successfully reached our Invent the Future plan operational and financial targets one year ahead of when we committed to. Gonzalve Marie Leon Bich. Excluding 2020 under absorption of fixed cost due to the COVID-19 pandemic and Rocketbook, the gross profit margin decreased by 2.5 points. I'll take the first two, which are really growth related. Gonzalve Bich est le prsident du groupe Bic, socit spcialise dans les biens de consommation et premier distributeur mondial de stylos bille. So we will see the remainder of them happening throughout the rest of the year. Je souhaite recevoir uniquement les alertes infos parmi les thmatiques suivantes : Le self-made score est tabli en fonction de lorigine de la fortune: Challenges - Les contenus, marques, ou logos du site challenges.fr sont soumis la protection de la proprit intellectuelle. It offers ball and coloring felt pens, markers, stickers, sticky notes, leads, whiteboards, and correction tapes, as well as graphic, coloring, mechanical, and other pencils; reusable notebooks, smart pens, slate tablets, stylus for tablets, crayons, art and craft kits, erasers, temporary tattoo markers, refillable shavers, razors shave cream, body and face lotions, finger painting products, and watercolors; correction fluids, pens, and tapes; and gel ink, roller, and fineliner pens; and ball and gel pen, color, and mechanical refills. 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 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. Welcome everyone and thank you for joining us this morning. We expect all of our divisions to deliver organic growth this year in 2022, as we continue our momentum from last year. So I will hand the call back to your host to close today's call. Please go ahead. As the CEO & Director of Socit BIC SA, the total compensation of Mr Bich at Socit BIC SA is $1,648,089. Thank you. Inventories ended the period at 593.7 million. Adjusted EBIT margin for the division increased by 1.2 points, explained by favorable net sales leverage and favorable fixed cost absorption. Gonzalve Bich joined BIC Asia in 2003, where he developed the regional business for four years. Moving from a pure customer-driven to a 360 consumer - centric strategy, which will continue to bear fruit and support short-term and long-term growth in this important market for us. My name is Jess and I'll be your coordinator for today's event. Next question comes from the line of Marie Fort from Societe Generale. The oldest executive at Socit BIC SA is Sara A. LaPorta, 60, who is the Chief Strategy & Bus. And as a reminder, our Q1 results will be released on 25th of April and our next AGM will be held on May 18. 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. We've reframed our historical approach by category, to include incremental, fast-growing adjacencies and made some active moves there in bringing in Rocketbook and Inkbox, as we build out new division. [12] Yacht racing and sailing [ edit] Bich was a keen sailor. Our adjusted EBIT was a 101.9 million with a 19.8% margin. The health and safety of the people, who are directly connected to our operations, are our top priority and we remain focused on delivering immediate relief efforts. 2022, Depuis 1996, Challenges tablit chaque anne le classement des plus grandes fortunes professionnelles. Building on 2021's momentum and the execution of the Horizon Plan, we expect full year 2022 net sales to grow between 7% and 9% at constant currencies. I'll focus now on how we see this New Year shaping up from a market perspective, starting with our global market assumptions based on Euromonitor and internal estimates. This was mainly due to the increase of the US dollar against the euro. FULL YEAR 2018 RESULTS Gonzalve BICH Jim DIPIETRO. Thank you. En 1979, le fondateur cde les rnes son fils Bruno Bich qui reste PDG jusquen 2006 puis entre 2016 et dbut 2018. On Slide 8, you can see the key elements of the summarized P&L results. This improvement is mainly driven by the strong increase in North America lighter sales, price increases and a favorable fixed cost absorption. Vendu plus de 100 milliards d'exemplaires, il reste ce jour le stylo le plus vendu dans le monde. And then we look to drive to be more profitable obviously in '23 and to be profitable in 2024. Gonzalve Bich is currently Chief Executive Officer at Bic - View - Bic org chart. As the CEO & Director of Socit BIC SA, the total compensation of Mr Bich at Socit BIC SA is 1,452,676. And in regards to price, Gonzalve gave quite a thorough breakdown. He moved on to serve as Group People Development Director before joining the Shaver Category as Group Shaver Marketing Director. So first with Lighter on the back of very, very strong Q1, we should see slight increase in Flame For Life in the second quarter driven by Europe, Latin America, but also in the U.S. as we continue to deploy EZ Reach, we end expect to continue to gain market share. In North America, the Stationary market should be flat to slightly increasing, following vigorous growth in 2021. Perfect. So that's how you can think about phasing from first half to second. Our 2022 is off to a strong start, powered by the continued implementation of our Horizon strategy. Very clear. To achieve this double-digit online growth, we need three things. I just want to build on Chad's point with respect to RGM, which if I think back, we only really started our true consolidated efforts at an enterprise-wide RGM program, three-year-and-a-half, four years ago. It's not a startup anymore because they've reached a mass and a market share that's really interesting, but they continue to test and learn. [Indiscernible] performance was driven by successful back-to-school seasons in both Brazil and South Africa, as well as early shipments to customers for the upcoming back-to-school season in both the U.S. and Europe, which added approximately 5 million to Q1 net sales. Since the launch of the plan, we acquired two fast-growing companies Rocketbook and Inkbox, in addition to Djeep bought in June of 2020. Let's now review our consolidated results, starting with the fourth quarter 2021, net sales evolution. And so we divested it and it's on to a future that it has. BIC CEO details the $400 million market for temporary tattoos January 18, 2022, 1:54 PM BIC CEO Gonzalve Bich joins Yahoo Finance Live to discuss the stationary manufacturer entering the. Ce quadragnaire, petit-fils du fondateur, dtient avec sa famille 46,3% du fabricant de stylos, papeterie, briquets et rasoirs (CA: 1,8milliard), qui sest fix de nouveaux objectifs de dveloppement durable. You ended the year with 400 million of net cash and you did not distribute any extraordinary dividend. But you never really know that that depends on when the planogram resets our with our customer base. 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. Raw material and import freight costs will remain at very high levels. 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. increases that we've seen in Q1 will start to hit us in Q4. You may now disconnect your lines. With the inclusion of Inkbox, the proportion of BIC's e-commerce net sales from D2C in 2021 would be 14% versus circa 3% beforehand. In Latin America our trade-up strategy continued to pay off as we outperformed the markets in both Brazil and Mexico. Above 200 million that that depends on when the planogram resets our with customer! Think about phasing from first half to second depends on when the planogram resets with. 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