Core Insights - The company reported solid net sales performance in Q4 2024, with a growth of 4.4%, and a full-year growth of 0.8% [1][2] - Adjusted EBIT for 2024 was €343 million, reflecting a year-on-year growth of 3.0%, with an adjusted EBIT margin of 15.6%, an increase of 90 basis points [2][3] - Free Cash Flow generation was robust at €271 million for 2024, marking a 9% increase year-on-year [2][3] - The company acquired Tangle Teezer, a leading haircare brand, in December 2024, aligning with its strategic growth ambitions [2][25] - The outlook for 2025 anticipates net sales growth between 4% and 6% at constant currency, with an adjusted EBIT margin expected to remain at 15.6% [2][10] Financial Performance - Q4 2024 net sales were €517.5 million, down 1.6% compared to Q4 2023, while full-year net sales were €2,196.6 million, a decrease of 2.9% [3][55] - The adjusted EPS for 2024 was €6.15, an increase of 8% year-on-year, marking the fifth consecutive year of growth [2][19] - The gross profit margin for FY 2024 was 50.2%, a decrease of 50 basis points from the previous year [16][55] Division Performance - The Human Expression division saw FY 2024 net sales of €814 million, up 0.7%, with Q4 growth of 2.8% [4][26] - The Flame for Life division reported FY 2024 net sales of €810 million, down 1.8%, but experienced a Q4 growth of 4.1% [35][39] - The Blade Excellence division achieved FY 2024 net sales of €543 million, an increase of 5.0%, with Q4 growth of 6.7% [40][41] Shareholder Returns - The proposed ordinary dividend for FY 2024 is €3.08 per share, an increase of 8% year-on-year, totaling an estimated €127 million [5][25] - A share buyback program of up to €40 million is planned for execution in 2025 [5][25] Strategic Initiatives - The company continued to implement its Horizon Strategic Plan, achieving an average annual growth rate of over 5% since its launch [7][9] - Significant focus on eCommerce growth, with double-digit increases in core eCommerce sales at constant currency [25][28] - The company streamlined its product portfolio, resulting in an 11% reduction in SKUs in 2024, contributing to improved sales per SKU [25][27]

Core Viewpoint - BlackBerry's stock is experiencing a significant increase due to the announcement of a partnership for its QNX division, which focuses on advanced driver-assistance systems (ADAS) software [1][2]. Group 1: Partnership and Development - BlackBerry's QNX division is collaborating with Pi Square Technologies to enhance the adoption of its software platform in India [1][2]. - The partnership aims to train thousands of software engineers in India on the QNX Software Development Platform, partnering with numerous academic institutions [3]. Group 2: Financial Performance - Last quarter, BlackBerry's overall revenue decreased by 7.4% year over year, totaling $162 million, while IoT revenue increased by 13% sequentially to approximately $62 million [5]. - The recent sale of the Cylance cybersecurity business for $160 million is expected to provide additional funds to bolster the IoT business and pursue potential acquisitions [4][6]. Group 3: Strategic Focus - BlackBerry is transitioning away from mobile hardware and is concentrating on IoT and cybersecurity, with a stronger emphasis on IoT software and services following the sale of Cylance [4][6].

BlackBerry Limited’s (BB) shares have rallied 38.9%, significantly outpacing the Computer Software industry’s decline of 0.6% and the S&P 500 composite’s growth of 2.5% year to date.Blackberry has also outperformed the broader Zacks Computer & Technology sector’s return of 1% and peers within the cybersecurity space, such as Fortinet (FTNT) and CrowdStrike Holdings, Inc. (CRWD) , which have gained 14% and 23.3%, respectively, over the same time frame.Price PerformanceImage Source: Zacks Investment ResearchB ...

Core Insights - BlackBerry's stock experienced an over 18% increase in the past five trading days, driven by the completion of an asset sale [1] - The sale involved the endpoint security assets of BlackBerry's Cylance cybersecurity unit to Arctic Wolf, a U.S.-based cybersecurity company [2] Financial Details - The transaction was a cash-and-stock deal, with BlackBerry set to receive $160 million in cash upfront and approximately 5.5 million shares of Arctic Wolf [3] - The agreement specified that BlackBerry would receive around $80 million at closing and an additional $40 million one year later [3] Strategic Importance - BlackBerry's CEO described the sale as "pivotal" and emphasized the company's intention to maintain a relationship with Arctic Wolf as a customer and reseller [4] - The acquisition of Cylance in 2019 for $1.4 billion was aimed at enhancing BlackBerry's security offerings through artificial intelligence [4]

Company Overview - As of January 31, 2025, the total number of issued shares of SOCIÉTÉ BIC is 41,621,162 shares [2] - BIC is a global leader in stationery, lighters, and shavers, with a presence in over 160 countries and a workforce of over 14,000 team members [2] - BIC's product portfolio includes iconic brands such as BIC® 4-Color™, BodyMark®, Cello®, Cristal®, and many others [2] Voting Rights - The total number of voting rights is 59,846,131, with 59,406,931 voting rights excluding shares without voting rights [6] Upcoming Financial Results - Full Year 2024 Results are scheduled for February 18, 2025, post market close [4] - First Quarter 2025 Results are scheduled for April 23, 2025, post market close [4]

Disclosure Of Trading In Own SharesFor January 2025 CLICHY – February 04, 2025 In compliance with general regulation on share buy-backs, SOCIÉTÉ BIC declares below the transactions made on its own shares for January 2025: No transactions for January 2025. ABOUT BIC A global leader in stationery, lighters, and shavers, BIC brings simplicity and joy to everyday life. For 80 years, BIC’s commitment to delivering high-quality, affordable, and trusted products has established BIC as a symbol of reliability and i ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. BlackBerry (BB) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.BlackBerry is one of 609 companies in the Computer and Te ...

BlackBerry Limited (BB) has sold its Cylance endpoint security assets to Arctic Wolf. On Dec. 15, 2024, BlackBerry and Arctic Wolf, a global leader in security operations helping customers manage cyber risks with its advanced cloud-native security platform, signed a definitive agreement.BB’s shares are up 2% in the pre-market trading session on Feb. 4.The deal, valued at roughly $160 million, includes cash considerations and Arctic Wolf’s common shares. Per the terms of the agreement, following purchase pri ...

Toronto, Ontario--(Newsfile Corp. - February 4, 2025) - John Giamatteo, Chief Executive Officer, BlackBerry Limited, Tim Foote, Chief Financial Officer, BlackBerry Limited ("BlackBerry " or the "Company") (TSX: BB) and their team, joined Dani Lipkin, Managing Director, Global Innovation Sector, Toronto Stock Exchange (TSX), to open the market to celebrate the Company's long-lasting relationship with Toronto Stock Exchange. Cannot view this video? Visit:https://www.youtube.com/watch?v=K268A2ctLpgBlackBerry ...

Company Overview - As of December 31, 2024, the total number of issued shares of SOCIÉTÉ BIC is 41,621,162 shares [2] - BIC is a global leader in stationery, lighters, and shavers, with a presence in over 160 countries and more than 14,000 team members worldwide [2] - BIC's product portfolio includes iconic brands such as BIC® 4-Color™, BodyMark®, Cello®, Cristal®, and many others [2] Voting Rights - The total number of voting rights is 59,846,577, with 59,417,857 voting rights excluding shares without voting rights [5] Upcoming Financial Results - The full year 2024 results are scheduled to be released on February 18, 2025, post market close [3] - The first quarter 2025 results are set to be announced on April 23, 2025, also post market close [3]