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Societe BIC (DE:BIF0)
FRANKFURT:BIF0
Germany Market
EarningsQ2 2026 Earnings Report

Societe BIC (BIF0) Q2 2026 Earnings Report

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DE:BIF0 Q2 2026 EPS Results

Actual EPS€1.33
Consensus EPS―
Beat/Miss―
One Year Ago EPS€0.87

DE:BIF0 Q2 2026 Revenue Results

Actual Revenue€1.04B
Expected Revenue―
Beat/Miss―
YoY Revenue Growth+3.11%

Earnings Announcement Details

QuarterQ2 2026
Date07/29/2026
TimeAfter Close
Conference CallWednesday, July 29, 2026
DE:BIF0 Upcoming Earnings
Societe BIC's next earnings date is estimated for October 28, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

DE:BIF0 Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Jul 29, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presents a cautiously positive picture: underlying organic growth is modest but improving, profitability and adjusted EPS rose, cash generation turned strongly positive and management raised the full-year outlook. However, results were materially assisted by one-off U.S. tariff refunds, and significant FX, perimeter and category-specific headwinds (shavers, stationery, regional variability) temper the outlook. Management’s decision to reinvest tariff benefits and the cautious H2 guidance reflect a prudent stance while executing a portfolio simplification and transformation program.
Company Guidance
BIC raised its full‑year 2026 outlook and now expects modest organic growth for the year (after H1 organic growth of +1.7% and Q2 +1.8%), implying flat to slightly negative net sales in H2; adjusted EBIT margin is forecast to be slightly above 14% for 2026 (H1 adjusted EBIT margin was 16%, including a +1.5‑point contribution from U.S. tariff refunds, which also added EUR 0.30 to H1 adjusted EPS), free cash flow generation is expected to be broadly stable versus last year (H1 free cash flow was EUR 64m), and management said ~98–99% of U.S. tariff refunds have been received and a majority of those benefits will be reinvested to support growth into 2027, with no material additional refunds expected.
Modest Organic Growth and Q2 Momentum
H1 organic growth of +1.7% with Q2 organic growth of +1.8%, described as broadly balanced across categories and geographies and showing sequential improvement in the U.S.
Raised Full-Year Outlook
Management raised the 2026 outlook to expect modest organic growth for the full year and an adjusted EBIT margin slightly above 14%, reflecting confidence from H1 performance and early impact of corrective actions.
Improved Profitability
H1 adjusted EBIT of EUR 166 million representing a 16.0% margin (includes +1.5ppt from U.S. tariff refunds). Excluding tariff refunds the margin was 14.5% versus 13.7% last year.
Adjusted EPS and Net Income Gains
Adjusted EPS was EUR 2.81 (includes EUR 0.30 from U.S. tariff refunds); excluding refunds adjusted EPS was EUR 2.51, up c.7% year-on-year. Net income group share was EUR 108 million (vs EUR 76 million prior year); adjusted net income EUR 114 million (vs EUR 97 million).
Strong Free Cash Flow Turnaround
Free cash flow for H1 was EUR 64 million versus negative EUR 14 million in the prior year, driven by operating cash flow of EUR 221 million (up EUR 22 million) and benefiting from tariff refunds and tax phasing.
Tangle Teezer Outperformance
Tangle Teezer accelerated to +21% organic growth in Q2 and delivered +16% organic growth in H1, driven by distribution expansion, share gains and strong demand for premium ranges.
Division-Level Margin Improvements
Flame for Life adjusted EBIT margin improved to 31.9% (from 28.6%) and Blade Excellence margin rose to 15.2% (from 14.7%), driven by tariffs, favorable price/mix and manufacturing efficiencies.
Portfolio Simplification and Operational Progress
Company continued to exit underperforming/noncore businesses (Cello, Rocketbook, Skin Creative) and started a transformation program; management reports operational progress across the business and plans a strategic update in September.

DE:BIF0 Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Oct 28, 2026
2026 (Q3)
- / -
0.871―
2026 (Q2)
- / 1.33
0.87153.12% (+0.46)
2026 (Q1)
- / -
1.135―
2025 (Q4)
- / 0.12
1.135-89.07% (-1.01)
2025 (Q3)
- / -
1.241―
2025 (Q2)
- / 0.87
1.241-29.84% (-0.37)
2024 (Q4)
- / 1.13
1.157-1.93% (-0.02)
2024 (Q3)
- / -
1.309―
2024 (Q2)
- / 1.24
1.309-5.20% (-0.07)
2024 (Q1)
- / -
0.697―
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed