Société BIC SAAdjusted EBIT rose to €166M, margin improved, EPS up 20%, and 2026 outlook upgraded.

BIC upgraded its full-year 2026 outlook after reporting first-half adjusted EBIT of €166 million, up from €147 million a year earlier, with net sales of €1,040 million and organic growth of 1.7 percent. The adjusted EBIT margin reached 16.0 percent, including a 1.5-point boost from US tariff refunds; excluding that benefit, the margin was 14.5 percent, an 80-basis-point improvement over the first half of 2025. Adjusted earnings per share rose 20 percent to €2.81, or €2.51 excluding the tariff refunds, while free cash flow swung to €64 million from a negative €14 million. The company now expects modest organic growth for the full year, an adjusted EBIT margin slightly above 14.0 percent, and stable free cash flow year-on-year. CEO Rob Versloot said the performance reflects early results of actions taken and that BIC will share details of its new strategy on September 8.
Société BIC SAAdjusted EBIT rose to €166M, margin improved, EPS up 20%, and 2026 outlook upgraded.