Hello, everyone. [Operator Instructions] And the first question comes from the line of Nicolas Langlet from BNP Paribas. However, we remain on track to achieve both our 2025 and 2030 goals. Our Human Expression division provides a notable example of solid commercial execution this quarter. As I reflect on what we achieved, the four things that stand out for me are; net sales growth, our resilience to external headwinds, our continued progress on sustainability, and maintaining our strong cash flow. The perimeter impact adjustments are mainly driven by the acquisitions of Rocketbook 3.4 points, partially offset by the Pimaco divestiture and Asian business closures. Whitepages people search is the most trusted directory. It markets its products primarily under the BIC, BIC Kids, Cello, Lucky, RocketBook, Tipp-Ex, BIC Wite-Out, DJEEP, BIC Soleil, Us, MADE FOR YOU, BIC Evolution, and BodyMark brands through a range of channels, including retail mass-market distributors, traditional stores, and office product stationers, as well as an e-commerce site. So you know I'm not going to give you that number but what I can give you is that, it is materially accretive to the overall Blade Excellence division and something that you can continue to ask me about as we go quarter-to-quarter and strength to strength. With a relentless focus on consumers, our Horizon strategy is well underway in yielding results. The 84.9 million increase was driven by the 2022 back-to-school sell-in stock build, which we told you about last year. Good afternoon. How do you see the profile for Q2 for Lighter and Shavers? I have every confidence in our strategic choices and our ability to achieve our objectives, including sustainable returns to shareholders. Wallmine is a radically better financial terminal. Gonzalve. 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). Currently, we passed on approximately 20% in the first quarter. As we benefited from orders that cannot be completed in the fourth quarter of 2021 due to supply chain issues which are carried out over the first quarter of 2022. Improved market dynamics in the US, a rebound in both traditional and modern mass channels in Europe and strong growth in Latin America drove the division's performance. Vincent Bollor possde un htel avec vue sur la mer dans la commune littorale de Fouesnant (Finistre). Socit BIC SA manufactures and sells stationery, lighter, shaver, and other products in Europe, North and Latin America, the Middle East and Africa, the Oceania, and Asia. 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. 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. So you should expect more of that from us in 2022. [Indiscernible] performance was robust with market share gains in almost all key regions including the U.S., France, UK, South Africa, and Brazil. Our adjusted EBIT was a 101.9 million with a 19.8% margin. L'ONG Oxfam accuse les milliardaires (et notamment 10 Franais parmi eux) d'avoir profit de la crise du Covid pour s'enrichir. 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. En mai 2018, il cde sa place son fils Gonzalve, devenu directeur gnral. 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. The next question comes from the line of Marie Fort from Societe Generale. However, these results are not an accident. 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 we move towards a more efficient capital allocation, the greatest focus was in our Flame For Life division, which accounted for 43% of the total. Full year 2021 Human Expression adjusted EBIT margin, decreased by 0.4 points. This commitment to this innovative foundation will help transform the . Engage via Email. This was mainly due to the decline of the US dollar and the Brazilian real against the euro. And lastly, free cash flow before acquisitions and disposals stood at 205.7 million. In 2021, we reached more than 40 million children around the world. Thank you. 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. industrie, Entreprise Create your alert. Thank you, Gonzalve. And one of the things I'm most excited about is it's about creating a new space because we're good at fighting the fight in very mature markets it's a totally different business when you start creating from scratch. 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. 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. labor shortages of last year. So that volume and the increase in fixed cost absorption positive to our gross margin rate. He was Chief Operating Officer (COO), responsible for BIC Group Consumer Business, Human Resources and I.T. H2, very clear, will grow. A perfect illustration of our open innovation strategy is the announcement and development of a new recycled material in partnership with Avient. Entre Pinault (Kering) et Arnault (LVMH), l'trange Monopoly parisien. Since the launch of the plan, we acquired two fast-growing companies Rocketbook and Inkbox, in addition to Djeep bought in June of 2020. Et dans ce duel, il n'est pas vraiment question desoldes L'intrigant htel l'abandon de Vincent Bollor dans le Finistre. 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. Moreover, we continue to grow and gain two points of market share and coloring a key strategic segment for us. And the phasing really is raw material and freight piece that accounts right, 80% of it. In the U.S. the launch of our new razor Soleil Escape was a success and contributed to growth. How much digits represent yourself in Q2, and all the margin in this category have progressing today. Just the first one which was the visibility on Lighter and shave in the second quarter. 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. In the US, we were faced with the continued challenging competitive environment, affected by aggressive promotional activity and value segments. We will sharpen our focus on consumer-centric innovations and drive commercial excellence even further. Thanks to our team's outstanding commercial execution, we begin the year with deeper and more enriched customer relations founded upon improved consumer understanding. This is a tremendous performance boosted by the groundbreaking Snoop and Martha advertising campaign, which clearly resonated with consumers. Have you now implemented all the adjustments you expect for the full year or you see room for [Indiscernible] increase potentially in the coming months and quarter? Lighter market evolving in value term? Thank you. The first one you said at the beginning of the call that you will actively well reshuffle the portfolio of activity to accelerate the organic sales growth of the company. Please go ahead. 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. For the Rocket -- Sorry, did you have a follow-up? Is this happening to you frequently? Thank you, Sophie. Thank you for listening the call and joining us. Thank you. The company was founded in 1944 and is headquartered in Clichy, France. Gonzalve Bich is the CEO & Director at Socit BIC SA. View FREE Public Profile & Reputation for Gonzalve Bich in Westport, CT - See Court Records | Photos | Address, Emails & Phone Number | Personal Review | Income & Net Worth Thanks very much Sophie and welcome everyone. Third on Lighter, what is the current levels of inventory in the U.S. vis -a - vis China? Our net cash position at the end of December 2021 . The oldest executive at Socit BIC SA is Sara A. LaPorta, 60, who is the Chief Strategy & Bus. As you can see we did very well in packaging with a 17.1 point increase in our use of reusable recyclable and compostable plastic in our packaging. 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. 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. And we'll continue to look to supporting our R&D as well as we look to long-term innovation. Okay. And if there is any, it shouldn't be material. 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. EPS group share for full year 2021 was 7.02, compared to 2.08 in full year 2020. Thank you for joining today's call. 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. 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