Interparfums: FY sales up 13%

(CercleFinance.com) - Interparfums has posted 13% sales growth to E798.
5m (+14.6% at constant exchange rates) in 2023, achieving another record year, in a dynamic market, particularly in the first part of the year.

The group says that this performance was primarily organic, with volume growth of around 11.5%, reflecting continuing strong demand for the portfolio's flagship brands, which posted double-digit growth for the year.

Given the ongoing control of all expenses - particularly marketing and advertising - the operating margin for 2023 should exceed 19%, management said.


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