BIC HALF YEAR FINANCIAL REPORT 2020
(WorldNews China)

2 0 2 0 H A L F - Y E A R F I N A N C I A L R E P O R T MANAGEMENT REPORT OF THE BOARD OF DIRECTORS FOR THE 6-MONTH PERIOD ENDED JUNE 30, 2020 1 1.1 Key figures 2 1.2 H1 2020 Highlights 3 1.3 H1 2020 Group operational trends 4 1.4 H1 2020 Operational trends by category 7 1.5 BIC Group Net Sales by geography 9 1.6 Second half 2020 & full year trends 9 1.7 Impact of change in perimeter and currency fluctuations on net sales 10 1.8 Reconciliation with alternative performance measures 11 1.9 Share repurchase program - cancelled shares 12 1.10 Related-party transactions 12 1.11 Capital evolution 12 1.12 Material events that occurred in H1 2020 13 1.13 Material events that occurred after June...