Bic, FR0000120966

Bic stock sets out a 2030 roadmap as shares close at EUR 64.90

Published on 10/04/2026 at 22:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bic stock targets an adjusted EBIT margin above 15.5% by 2030, with more than EUR 250 million in free cash flow. First-half adjusted EBIT reached EUR 166 million.

Flatlay-Arrangement mit Aktienzertifikat, ISIN-Karte und Füllfederhalter auf dunklem Holztisch — Wendel SE FR0000120966 zeigt ein Flatlay mit Aktienzertifikat, ISIN-Karte, Füllfederhalter und Finanzzeitung auf Holztisch, Illustration mit AI erstellt.

Bic (ISIN FR0000120966) closed at EUR 64.90 on Euronext Paris on October 2, 2026, leaving the shares 6.62% below their 52-week high of EUR 69.50. The company is now executing a 2030 roadmap that targets renewed organic growth, higher profitability and stronger cash generation, according to Nasdaq on September 7, 2026.

Bic sets measurable 2030 targets

Bic's plan covers stationery, lighters, shavers and brushes, with a stated organic net sales CAGR target of 3% for 2026 through 2030. The roadmap also calls for an adjusted EBIT margin above 15.5% by 2030 and free cash flow above EUR 250 million in that year.

The transformation requires EUR 100 million of targeted operating expense investment from 2027 through 2030. In return, management targets EUR 80 million in annualized recurring savings by 2030, while the capital expenditure to sales ratio is planned at 4%, according to Nasdaq.

First-half recovery faces a quality test

The latest reported period delivered a mixed operating picture. First-half 2026 revenue declined 3.5% to EUR 1.04 billion, while adjusted EBIT increased 12.6% to EUR 166 million, according to Business News Today in its September 2026 report. Adjusted earnings per share rose to EUR 2.81, although the reported 16% adjusted EBIT margin included a 1.5-percentage-point benefit from US tariff refunds.

That distinction matters for the roadmap: excluding the tariff refund, the adjusted EBIT margin was 14.5%, while adjusted earnings per share growth was 7% rather than 20%, the same Business News Today report said.

Analyst target stays above the close

The published consensus is Buy across six analysts, with an average 12-month price target of EUR 68.47. That target stands 5.50% above the EUR 64.90 closing price, while the high and low estimates are EUR 74.00 and EUR 62.00, respectively, according to Investing.com.

Bic stock closes below its yearly high

Bic stock closed at EUR 64.90 on Euronext Paris on October 2, 2026, down EUR 0.10 or 0.15% from the prior close. Market capitalization was EUR 2.6 billion and volume was 24,669 shares, giving the 2030 targets a market value context without turning them into a short-term price forecast.