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Interparfums — Earnings Release 2018
Jan 15, 2019
1445_rns_2019-01-15_6fb3a663-c6e6-4198-a635-a5166c22be31.pdf
Earnings Release
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2018 guidance raised
Paris, January 15, 2019
Last November, Interparfums reiterated its 2018 annual guidance with a target of slightly more than €430 million for sales and an operating margin of 13.5%.
Following excellent year-end performances driven by the strength of Coach fragrances, the company is raising its 2018 annual targets:
- Annual sales to be published on January 29, 2019 are now expected to reach approximately €450 million, up nearly 7% from 2017;
- The operating margin to be published on March 4, 2019 is now expected to reach 13.5%-14%.
Philippe Benacin, Chairman and CEO commented: "It is true that our growth was more robust than expected at the end of 2018 with sales largely exceeding our targets. Based on this performance, we have adjusted our annual target for 2019 sales now set at €470 million."
Upcoming events
2018 sales January 29, 2019 (before the opening of Euronext Paris)
2018 results March 4, 2019 (before the opening of Euronext Paris)
Shareholder information
+33 1 53 77 00 99
Interparfums
4 rond-point des Champs Elysées 75008 Paris - France Tel. +33 1 53 77 00 00
Investor relations and analysts contact
Philippe Santi Executive Vice President [email protected]
Press contact
Cyril Levy-Pey Communication Director [email protected]
ISIN : FR0004024222-ITP Reuters : IPAR.PA Bloomberg : ITP Euronext Compartment A Eligible for Deferred Settlement Service (SRD) Eligible for PEA PME savings vehicles