(CercleFinance.com) – Bogart advances by nearly 3% after the announcement by the manufacturer and distributor of luxury perfumes and cosmetics, of double-digit growth in turnover (+12.4%) for the fourth quarter of 2022, at 94.6 million euros.
The fragrances and cosmetics division (+15.4%) continued its good momentum, driven by launches on its flagship brands at the end of the year, while the beauty retail division (+11.7%) benefited from the scope and the dynamism of certain countries outside France.
In the end, the annual turnover amounts to 293 million euros (+19.2%). However, as announced, Bogart recorded a decline in the profitability of its network of stores in France which will have an impact on its results for the 2022 financial year.
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