Societe Bic Sa · EURONEXT:BB
Societe Bic Sa — BIC — H1 2026 Earnings Presentation
30 slides from Societe Bic Sa's earnings presentation, Jul 30, 2026
Slide 1: BIC H1 2026 Results Presentation
BIC H1 2026 Results Presentation July 30, 2026
Slide 2: Disclaimer
Disclaimer This document contains forward-looking statements. Although BIC believes its estimates are based on reasonable assumptions, these statements are subject to numerous risks and uncertainties. A description of the main risks that could impact BIC appears in the chapter “Risk Factors and Mana
Slide 3: Key Takeaways
Key Takeaways Rob Versloot Chief Executive Officer 3
Slide 4: H1 2026 Key Takeaways
H1 2026 Key Takeaways • H1 organic growth of +1.7%, fueled by all categories and key regions • Improvement in the US with net sales growth in Human Expression and Blade Excellence, and stabilization in Flame for Life • Growth accelerated at Tangle Teezer in Q2, reaching organic growth of +16% in H1
Slide 5: Operational and Consolidated Results
Operational and Consolidated Results Grégory Lambertie Chief Financial and Digital Officer 5
Slide 6: H1 2026 Key Financial Figures
H1 2026 Key Financial Figures Net Adjusted1 Adjusted1 Free Cash Sales EBIT EPS Flow3 Q2 €586m 2026 €166m €2.81 €64m +1.8% organic growth 16.0% €189m H1 versus €2.35 Net Cash 2026 €1,040m Adjusted in H1 2025 Position4 EBIT Margin2 +1.7% organic growth 1 Adjusted means excluding non-recurring items 2
Slide 7: Q2 2026 Net Sales Evolution
Q2 2026 Net Sales Evolution €8m €2m Perimeter FX €598m €3m €2m €586m €21m € 2m Organic growth: +1.8% (3.5) % (0.3) % Q2 2025 Peri FX Q2 2026 Q2 2025 Human Flame Blade Other Products Perimeter Q2 2026 Net Sales Expression for Life Excellence & FX impact Net Sales
Slide 8: H1 2026 Net Sales Evolution
H1 2026 Net Sales Evolution Perimeter FX €8m €2m €6m €1,077m €2m €30m €1,040m Organic growth: +1.7% € 25m (2.8) % (2.4) % H1 2025 Peri FX H1 2026 H1 2025 Human Flame Blade Other Products Perimeter H1 2026 Net Sales Expression for Life Excellence & FX impact Net Sales
Slide 9: Performance – Human Expression
H1 2026 Performance – Human Expression North America Middle East and Africa Robust growth fueled by Solid rebound in Q2 distribution gains in with positive Back-to- retail and e-Commerce School momentum in North Africa Europe Challenging competitive Slight negative organic environment in the H1 grow
Slide 10: Performance – Flame For Life
H1 2026 Performance – Flame For Life Latin America North America Solid commercial Net sales stabilization execution in Mexico with growth in the convenience channel and e-Commerce Europe Slight growth with Middle East & Africa distribution gains across Continued distribution H1 key European countrie
Slide 11: Performance – Blade Excellence
H1 2026 Performance – Blade Excellence Europe Latin America Distribution gains Success of trade-up supported by Flex and strategy with additional Soleil ranges. Strong distribution gains in the growth at Tangle Teezer Flex and Soleil ranges Middle East and Africa North America Return to strong growt
Slide 12: Performance – Tangle Teezer
H1 2026 Performance – Tangle Teezer +16% Growth acceleration in Success of premium Net Sales Q2 at +21%, driven by products, including Organic both the US and Europe recently launched growth Chrome and Matte ranges Solid market share New product launches gains and distribution and key partnerships e
Slide 13: Adjusted EBIT Margin Evolution
H1 2026 Adjusted EBIT1 Margin Evolution +1.2 pts 16.0% +0.3 pts +0.8 pts 13.7% H1 2025 Gross Brand Operating H1 2026 2 adjusted EBIT Profit Support and Other adjusted EBIT margin Expenses 3 margin 4 1 See glossary in appendix 2 Excluding Tangle Teezer inventory fair value adjustment in H1 2025 3 Exc
Slide 14: Profit & Loss Account
H1 2026 Profit & Loss Account in million euros H1 2025 H1 2026 H1 2026 non-recurring items, mainly : • €10m restructuring costs Adjusted EBIT1 147 166 • €6m transformation costs • €4m costs related to discontinued Non-recurring items (25) (8) activities • -€12m Virtual Power Purchase EBIT 122 158 Ag
Slide 15: Free Cash Flow Generation
H1 2026 Free Cash Flow Generation in million euros 221 107 14 4 64 31 Operating Change in Income tax paid Others 1 Capex Free Cash Flow Cash Flow Working Capital 1 Mainly includes pensions contribution 15
Slide 16: Net Cash Position
H1 2026 Net Cash Position in million euros Free Cash Flow: €64m 221 125 31 234 Net Cash from Operating 6 189 Activities: €96m 98 18 December 2025 Operating Change in working CAPEX Dividend Share Others June 2026 Net Cash Position cash flow capital and others paid buyback Net Cash Position 16
Slide 17: 2026 Outlook
2026 Outlook Rob Versloot Chief Executive Officer 17
Slide 18: 2026 Outlook upgraded
2026 Outlook upgraded Following the first half performance, BIC now anticipates under current assumptions: Adjusted EBIT Modest Stable Free margin slightly organic growth Cash Flow above 14.0%
Slide 19: Appendix
Appendix 19
Slide 20: H1 2026 Net Sales Breakdown
H1 2026 Net Sales Breakdown By Division By Geography Human Expression 36% 35% 37% North America Europe Flame for Life 34% Blade Excellence 29% 18% Latin America 8% Middle 2% East & Africa Asia & Oceania Other products 1% 20
Slide 21: Net Sales Main Exchange Rate Evolution vs Euro
H1 2026 Net Sales Main Exchange Rate Evolution vs Euro % of Average rates % net sales H1 2025 H1 2026 change US Dollar 35% 1.09 1.17 (6.4) % Brazilian Real 9% 6.29 6.01 +4.5% British Pound 5% 0.84 0.87 (2.9) % Mexican Peso 5% 21.80 20.38 +7.0% Canadian Dollar 2% 1.54 1.61 (4.2) % Australian Dollar 2
Slide 22: Group Figures
Group Figures in million euros Q1 25 Q2 25 H1 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 H1 26 Net Sales 478 598 1,077 519 495 2,090 453 586 1,040 Reported growth (8.3) % (3.1) % (5.5) % (3.9) % (4.4) % (4.8) % (5.3) % (2.0) % (3.5) % Organic growth1 (10.9) % (2.7) % (6.4) % (3.3) % (2.3) % (4.7) % +1.6% +1.8
Slide 23: Group Quarterly Figures by Geography
Group Quarterly Figures by Geography in million euros Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 Europe Net Sales 168 226 183 158 736 168 221 Reported growth +4.7% +6.6% +4.6% +5.7% +5.5% +0.0% (2.2) % Organic growth1 (3.5) % (0.2) % (0.9) % (2.4) % (1.6) % +1.5% +0.0% Growth at constant currency1 +4
Slide 24: Human Expression
Human Expression in million euros Q1 25 Q2 25 H1 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 H1 26 Net Sales 153 253 406 192 138 736 141 235 377 Reported growth (11.9) % (9.3) % (10.3) % (4.0) % (14.7) % (9.6) % (7.7) % (6.9) % (7.2) % Organic growth1 (10.5) % (6.1) % (7.8) % (0.5) % (5.8) % (5.6) % +3.0% (1.0
Slide 25: Flame For Life
Flame For Life in million euros Q1 25 Q2 25 H1 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 H1 26 Net Sales 172 183 354 175 194 723 165 186 351 Reported growth (17.1) % (6.4) % (11.9) % (8.8) % (10.4) % (10.8) % (3.9) % +1.7% (1.0) % Organic growth1 (15.9) % (0.9) % (8.6) % (4.3) % (5.2) % (6.7) % +1.7% +1.7% +
Slide 26: Blade Excellence
Blade Excellence1 in million euros Q1 25 Q2 25 H1 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 H1 26 Net Sales 145 157 302 146 154 602 139 158 296 Reported growth +9.4% +13.7% +11.6% +2.6% +18.1% +10.8% (4.3) % +0.1% (2.0) % Organic growth2 (4.5) % +1.6% (1.4) % (6.1) % +6.4% (0.8) % +0.6% +5.1% +2.9% Growth at
Slide 27: Other Products
Other Products in million euros Q1 25 Q2 25 H1 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 H1 26 Net Sales 9 5 14 7 9 30 8 8 16 Reported growth +4.6% (0.9) % +2.4% +2.0% (0.7) % +1.3% (5.0) % +38.9% +12.1% Organic growth1 +4.6% (1.2) % +2.3% +2.0% (0.7) % +1.3% (5.3) % +38.5% +11.8% Growth at constant currency
Slide 28: Unallocated Costs
Unallocated Costs in million euros H1 25 FY 25 H1 26 EBIT (42) (79) (47) Adjusted EBIT (42) (79) (41) 28
Slide 29: Capital and Voting Rights
Capital and Voting Rights As of June 30, 2026, the total number of issued shares of Société BIC is 40,861,314 shares, representing: • 57,550,944 voting rights • 57,240,097 voting rights excluding shares without voting rights Total number of treasury shares held at the end of June 2026: 310,847. 29
Slide 30: Glossary
Glossary • Adjusted: Adjusted means excluding non-recurring items. • Constant currency: Growth at constant currency figures are calculated by translating the current year figures at prior year average exchange rates. • EBIT: Earnings Before Interest and Taxes. • Adjusted EBIT margin: Adjusted EBIT a