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Interparfums Earnings Release 2012

Oct 23, 2012

1445_iss_2012-10-23_218efd84-c3bf-4746-8965-c5c768e2abd8.pdf

Earnings Release

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2012 nine-month sales: €328m +20% at current exchange rates

+15% at constant exchange rates

In the 2012 third quarter, Interparfums achieved further growth in sales from a comparison base that was already very high for fall 2011, bolstered by the launch of the Burberry Body line. Sales for the quarter thus reached nearly €119 million, up 8.6% at current exchange rates from last year's same period. Continuing strength of sales for Montblanc (+68%), Jimmy Choo (+45%) and Boucheron (+57%) fragrances in particular drove growth of more than 25% for the quarter for all brands combined excluding Burberry.

Consolidated sales for the first nine months of 2012 rose to €327.8 million, up 20.3% at current exchange rates and 15.0% at constant exchangerates year-on-year.

€millions 3rd quarter 9 months
2011 2012 2011 2012
Burberry 65.3 63.3 150.7 166.6
Lanvin 13.8 15.5 40.0 45.0
Montblanc 7.9 13.2 20.5 35.2
Jimmy
Choo
8.0 11.5 21.1 30.2
Van
Cleef
&
Arpels
4.4 3.7 14.3 13.2
Boucheron
(5
months
in
2011)
2.1 3.3 3.7 13.2
S.T.
Dupont
3.2 3.1 9.1 11.8
Paul
Smith
4.3 3.5 11.4 8.7
Other 0.5 1.8 1.8 3.9
Total 109.5 118.9 272.5 327.8

Nine-month highlights by brand

On double digit growth from the brand's historic lines and a good performance by the Burberry Body line launched last year, Burberry fragrances grew morethan 10%;

Lanvin fragrances maintained their forward momentum with steady expansion (+13%) based on continuing gains by the Eclat d'Arpège line, good performances by the Jeanne Lanvin and Marry Me ! lines and the launch of theJeanne Lanvin Couture line;

Withsales alreadyexceeding€35million,Montblanc fragrancesdelivered very high growth (+72%), confirming the success of the men's line Legend (€20 million in nine months);

JimmyChoofragrances alsoshowedrobust gains(+43%)onthestrength of a product offering based on a single women's line, Jimmy Choo;

In a year without major launches, Van Cleef & Arpels fragrances' sales haveremained steady at €13 million;

The gradual re-release of Boucheron fragrances and a first initiative with the Jaipur Bracelet line generated sales of more than €13 million, confirming the brand's strong potential.

Nine-month highlights by region

Driven by the significant performances of the Jimmy Choo (+150%) andMontblanc fragrances(+380%),NorthAmerica (24%oftotalrevenue) was up nearly 38%;

Expansion continued in the Middle East (in particular Saudi Arabia) and Eastern Europe(notably Russia) with gains of morethan 30%;

Asia (17% of total revenue) and South America (9% of total revenue) recorded growth rates of 16% and 17% respectively;

Finally, performancesinWestern Europeremain positive(+6%) despite weaker consumer spending in selected countries.

2013 targets

On 21 November Interparfums will release targets for 2013 taking into account the transition agreement concluded with Burberry and all launches programmed for the year, notably for Jimmy Choo, Lanvin, Van Cleef & Arpels and Boucheron brands as well thelaunch of thefirst Repetto fragrancein July 2013.

Paris, October 23, 2012

Upcoming events

Shareholder information Tel.: +33 1 53 77 00 99

Investor relations - Interparfums SA Philippe Santi at +33 1 53 77 00 00 [email protected]

November 21, 2012 (before the opening of trading)

Publication of 2013 targets

Actionaria trade show, Paris November 23 & 24, 2012

Press contact Watchowah Cyril Levy-Pey at +33 6 08 46 41 41 [email protected]

www.interparfums.fr Codes : Reuters IPAR.PA, Bloomberg ITP, ISIN FR0004024222-ITP Indices : CAC Mid & Small