Interparfums: stock down despite record annual sales

(CercleFinance.com) - Interparfums shares are down 1% today, despite the group announcing record sales of 706.
6 million euros for the past year, up 26% (+20% at constant exchange rates), including nearly 200 million euros in the last quarter, up over 60%.

In addition to an increase in invoicing prices at the beginning of the year and a favourable trend in the euro/dollar exchange rate, the group has announced around a 17% increase in volumes over 2022, therefore reflecting continuing strong demand for its flagship brands.

In 2023, the new increase in sales prices planned for the coming weeks and the maintenance of a favourable euro/dollar exchange rate should enable the company to limit the impact of inflation, management said.


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