BIC - Revised Key KPIs and financial communication agenda

          

BIC: revised 2021 key KPIs
and Financial Communication agenda

CLICHY, FRANCE – 18 March, 2021 – As mentioned in the February 17 2021 press release, and beginning in Q1 2021, BIC will evolve its financial KPIs to align with the Horizon plan.

The changes are detailed in the table below:

Current key KPIs	New key KPIs (see glossary)
Net Sales	Net Sales
Change as Reported	Change as Reported
Change at constant currencies	Change at constant currencies
Change on a comparative basis	Change on a comparative basis
	EBITDA
Income From Operations (IFO)	EBIT (Earnings Before Interest and Taxes)
Income From Operations (IFO) margin	EBIT (Earnings Before Interest and Taxes) margin
Normalized Income From Operations (NIFO)	Adjusted EBIT (adjusted Earning Before Interest and Taxes) or aEBIT
Normalized Income From Operations margin	Adjusted EBIT margin (aEBIT margin)
Net Income Group Share	Net Income Group Share
Earnings Per Share (EPS)	Earnings Per Share (EPS)
Normalized Earnings Per Share (EPS)	Adjusted Earnings Per Share (EPS)
Net Cash From Operating Activities	Net Cash From Operating Activities
	Free Cash-Flow
Net Cash Position	Net Cash Position

BIC is also adjusting its financial agenda. As of Q1 2021, the press release will be issued the evening of the Board of Directors meeting after market close, and the Management Conference Call will be at 01:00 PM CET the following day.

2021 AGENDA

Event	Press Release	Conference Call
1st Quarter 2021 Results	April 27th - after market close The quiet period will start on April 13th	April 28th – 01:00 PM CET
2021 AGM	May 19th – 03:00 PM CET -The AGM will be held closed-door	Live webcast
First Half 2021 Results	July 28th – after market close