A couple of months back, I was looking through the consumer staples sector and I came across Société Bic that is listed on the Euronext Paris (EPA). For those unaware, EPA is the French stock exchange.
Société Bic is a company that sells stationery, lighters, and razors. I personally have come across the ballpoint pens that the company sells. I don’t think I have come across the other two product categories which they carry. What I liked is that the company is not dependent on any one category of product; their revenue sources are quite diversified (see screenshot below) and demand for their products are generally stable.
Fortunately for non-French speaking individuals like me, their investor relations page and other documents are in English.
According to their 2016 annual report, the reported revenue and net income is €2025M and €249M, respectively. Compared to their 2015 financial performance (revenue: 2242; net income: 325) …