Interparfums saw its results grow in 2022 and is “optimistic” for this year

PARIS (Agefi-Dow Jones)–The licensed perfume manufacturer Interparfums said on Wednesday it was “optimistic” for 2023 despite an uncertain context, following seeing its results improve in 2022.

“While the persistent lack of visibility still prompts us to be cautious, we are nonetheless optimistic regarding the pursuit of sustained growth combined with high profitability,” said the group’s CEO, Philippe Santi. , quoted in a press release.

Thus, for 2023, Interparfums is aiming for a turnover of 750 million euros, for his part specified the CEO of the group, Philippe Benacin. At the end of January, Interparfums announced that its turnover had reached 706.6 million euros last year, up 26% over one year at current currencies and 20% at constant currencies.

On Wednesday, the group also reported net income group share of 99.5 million euros, compared to 71.1 million euros in 2021.

Operating profit reached 131.8 million euros, compared to 98.9 million euros in 2021. It thus represents for 2022 a margin of 18.7% of turnover, compared to 17.6% in 2021. The group expected its operating margin to exceed 17%.

According to the consensus established by FactSet, analysts expected on average net income group share of 88.9 million euros and operating income of 121.2 million euros.

The Board of Directors of Interparfums will propose to the vote of the general meeting of April 21 next the payment of a dividend of 1.05 euros per share for the 2022 financial year, compared to 0.94 euros for 2021.

-Alice Doré, Agefi-Dow Jones; +33(0)141274790; [email protected] ed: LBO

INTERPARFUMS FINANCIAL RELEASES:

https://www.interparfums-finance.fr/communiques-de-presse/

Agefi-Dow Jones The financial newswire

Dow Jones Newswires

March 01, 2023 01:25 ET (06:25 GMT)

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