Bic has reported sales of 458.8 million over its last 9 month period for its stationery division, up 1.3% (4.2% in constant currencies) after a good back-to-school season in Europe. BTS sales in North-America were, however, modest.

Mario Guevara, Chief Executive Officer, said: “BIC’s nine months results were solid. Our consumer business trend stayed positive despite the challenging economic environment; and importantly the Group’s profitability levels were above the historical average.

“The positive momentum continued into the 3rd quarter, though not at the accelerated rate that we achieved in the First Half. Product innovation, sales execution, increased and targeted brand support and our “More for your money” proposition continued to generate positive results in our Consumer business.”