![]() 3 % at constant currencies and 0.9 % on a comparative basis. NET SALES, EARNINGS BEFORE INTEREST AND TAXES (EBIT), AND ADJUSTED EBIT in million eurosįirst Quarter 202 3 Net Sales increased 4. We expect to improve 2023 adjusted EBIT and adjusted EBIT margin, with a growing Gross Profit margin, partially offset by continued investments in our Operations and Brand support, aimed at driving our Horizon ambition of delivering long-term profitable growth.įree Cash Flow is expected to be above €200 million in 2023, for the fifth year in a row. Accordingly, we confirm our 2023 objectives to grow our business profitably across all divisions, with Horizon Plan serving as our North Star.”Ģ023 Outlook confirmed ( based on current market assumptions1F 2 )įull Year 2023 Net Sales are expected to grow between +5% and +7% at constant currencies driven by price, mix and volumes. In a time of such macroeconomic uncertainty, our delivery of high-quality and value-for-money products that consumers trust drove topline growth following the prior year’s exceptionally high comparable basis.įor the balance of the year, we will continue to focus on exemplary omnichannel execution as we bring consumer-centric innovation to both core and added-value products. ![]() Sales momentum was bolstered by strategic investments globally in expanded distribution channels, as well as compelling new consumer advertising campaigns helmed by influential celebrity talent. This includes the launches of our new BIC ® EasyRinse razor in the US, the BIC ® EZ Reach lighter in Europe, and an exclusive collection of Inkbox semi-permanent tattoos, available for the first time in-store at a major US retailer. Gonzalve Bich, Chief Executive Officer commented: “Heightened consumer demand for recent product innovations resulting from our Horizon Plan drove market share gains across most of our key regions during the first quarter of 2023. KEY GROUP FINANCIAL FIGURES in million eurosįree Cash Flow before acquisitions and disposals 8 million due to higher inventory build ahead of the Back-to- S chool season. 0 % impacted by input cost inflation, negative Forex, further investments in Brand Support and Opex. Horizon delivered further results : success of new, consumer- centric and more sustain a ble products and robust commercial execution both online and in-stores. 0 % Net Sales growth at CC, fueled by efficient commercial execution in Europe and added - value products in Latin America Excluding this impact, Net Sales would have grown 8.2 % at CC Flame for Life : -1.3% Net Sales change at CC versus Q1 2022 that benefited from exceptional Net Sales performance in US lighters related to positive phasing.5 % Net Sales growth at constant currency ( CC ), driven by strong Back-to-School season in Brazil and double - digit growth in the Middle East and Africa region s M arket share gains in most key region s building on 2022 momentum. Continued solid execution driven by the Horizon strategic plan. Turn the speed up to high and add flavouring of your choice and continue to whisk for up to 10 minutes ☁️ hand mix to get rid of any air bubbles ☁️ can be eaten immediately or torched ✨✨✨ ideal for s’mores. ![]() The eggs should have foamed to stiff peaks, whilst still whisking pour the (very hot) mixture into the bowl in a thin stream to make sure the eggs are cooked evenly and equally. Over the hob boil water, golden syrup & caster sugar and using a candy thermometer, wait until the sugar syrup hits at least 115C. ![]() ![]() Marshmallow fluff recipe ☁️ (this is a triple batch)✨ -2 egg whites -1/4 tsp of cream of tartar OR 1/2 tsp of lemon juice or vinegar -160g golden syrup -100g caster sugar -50ml water -Flavouring of choice (vanilla, candyfloss, strawberry) ☁️☁️ Method: clean out bowl with lemon juice or vinegar, whisk egg whites on medium speak and add acid (cream of tarter/lemon juice/vinegar) to help stabilise the eggs. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |