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Interparfums: in the red despite record annual turnover


(CercleFinance.com) – Interparfums is down 1% despite the announcement of record sales of 706.6 million euros for the past year, up 26% (+20% at currency constant), of which nearly 200 million in the last quarter, an increase of more than 60%.

In addition to an increase in invoicing prices at the start of the year and a favorable evolution of the euro/dollar parity, the group claims an increase of approximately 17% in its volumes over the year 2022, ‘reflecting demand that is still just as sustained on its flagship brands.

“In 2023, the further increase in selling prices expected over the next few weeks and the maintenance of a favorable euro/dollar parity should allow us to limit the impact of inflation”, estimates Deputy Chief Executive Officer Philippe Santi.

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