Bic Sa Unsp/Adr (BICEY) Q3 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the BICS Q3 and 9 months 2024 results. My name is Laura and I will be your coordinator for today's event. Please note this call is being recorded and for the duration of the call your lines will be on listen only mode. However, you will have the opportunity to ask questions at the end of the call. This can be done by pressing star 1 on your telephone keypad to register your questions. I will now leave the floor to Breeze Paris, your host of the day. Thank you. Good morning and welcome to BIC's third quarter, a nine-month 2024 results call. I am Brice Paris, Head of Investor Relations. We are in Clichy today with Gonzales BIC, our CEO, and Chad Spooner, our CFO. This call is being recorded and the replay will be available on our website along with the presentation and press release. We'll start with the usual presentation, followed by a Q&A session. First, please take the time to read the disclaimer at the beginning of the presentation. With that, I give the floor to Gonzales. Welcome, everyone, and thank you for joining us for BIC's third quarter and nine-month results conference call. I'll begin with a summary of our performance in the third quarter, then Chad will take you through our detailed financial results. I'll conclude with our outlook for the year. Today, I have four key messages I want you to walk away with. The resilience of our operating model and the actions we took in the first half led to strong margins and free cash flow generation in the third quarter. As a result, I'm pleased to announce that we're upgrading our full year adjusted EBIT margin outlook for 2024. Second, we saw strong sequential improvement in North America net sales performance during the third quarter. particularly in our U.S. lighter business. Third, we continu...