BIC Group Announces More Than 20% Growth in Sales
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Mario Guevara, chief executive officer, said, "We are proud to deliver these good nine months results, with a combination of strong sales growth, enhanced profitability and increased net cash position. BIC products continue to meet consumers' demand for both quality and price, allowing us to further gain market shares in both developed and developing markets. While we continued to invest in our brand to support sales growth, we increased normalized income from operations by almost 30 percent thanks to an ongoing focus on productivity."
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