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Interparfums Earnings Release 2009

Oct 22, 2009

1445_iss_2009-10-22_cab0386d-4947-4562-86e2-317f076a6e14.pdf

Earnings Release

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2009 third-quarter sales: €73 million

Robust third-quarter performance

Despite a high basis of comparison in relation to the 2008 third quarter (launches of the lines Féerie of Van Cleef & Arpels, Passenger of S.T. Dupont and Jeanne Lanvin), consolidated sales for this year's third-quarter remained steady at €72.8 million. This result, in the current environment, reflects mainly:

  • Strong growth (+19%) of Burberry fragrances on gains by all the brand's historic lines, the resilience of the Burberry the Beat line and the continued rollout of the Burberry the Beat for men line;

  • Good performances overall in key markets, notably Western Europe (+5% despite continued sluggishness in the UK and Spanish markets) and the United States;

  • A favourable currency effect and the positive impact of foreign exchange hedges.

For the first nine months of 2009, consolidated sales totalled €194 million, declining slightly 3.5% at current exchange rates and 8.9% at constant exchange rates in relation to the equivalent prior-year period.

Over the period, Burberry fragrances contracted marginally 1.7% on sales of €125.7 million.

Jimmy Choo license agreement

As announced in early October, Jimmy Choo and Inter Parfums signed a 12-year worldwide licence agreement commencing on January 1, 2010 for the creation, development and distribution of fragrances under the Jimmy Choo brand.

A satisfactory year-end

Efforts in the coming weeks will focus primarily on launches of the lines Paul Smith Man and Collection Extraordinaire of Van Cleef & Arpels and the finalization of several launches programmed for the following year.

Based on positive trends for orders in recent weeks, the company still anticipates a marginal decline in 2009 full-year sales in relation to the prior year.

EURONEXT

Paris, October 22, 2009

Upcoming events Actionaria tradeshow, Paris Publication of 2010 forecasts
November 20 & 21, 2009 November 23, 2009 (after the close of trading)
Shareholder information
Tel.: +33 1 53 77 00 99
Investor relations - Inter Parfums SA
Philippe Santi, tel.: +33 1 53 77 00 00
[email protected]
Media relations - RLPV Conseil
Cyril Levy-Pey, tel.: +33 6 08 46 41 41
[email protected]
ITP
LISTED
NYSE

www.inter-parfums.fr Codes: Reuters IPAR.PA - Bloomberg ITP - ISIN FR0004024222-ITP Index: CAC Small 90, SBF 250