Report
Christophe-Raphaël Ganet

Interparfums : 2021 earnings in line (but ahead of cs), good cash generation – no 2022 guidance (uncertainty due to Russia, supply chain difficulties in the US)

>2021 guidance exceeded - 2021 c.EBIT reached € 100.9m (o/w > € 65m in H1), or +38% while EBIT margin widened 520bp (18%) and attributable net profit stood at € 71m (+40%). Note that the latest guidance was for EBIT margin of 16%. 2021 (sales up 53%), was affected by the market rebound especially in the US (+46%) as well as the pre-launch of the first Moncler perfume in Q4. No guidance for 2022 - At this stage, management has provided no guid...
Underlying
Interparfums

Interparfums SA. Interparfums SA, also known as Interparfums, is a French-based company engaged in the design, manufacturing and marketing of fragrances. The Company designs, produces and distributes perfumes and cosmetics under such brands as Burberry, Boucheron, Burberry Beauty, Jimmy Choo, Lanvin, Montblanc, Nickel, Paul Smith, Repetto, S.T. Dupont and Van Cleef & Arpels, Karl Lagerfeld, among others. The Company is present in Switzerland, Germany, Spain, Italy, the United Kingdom, Singapore, the United States, among others. The Company operates through the subsidiaries, including Interparfums Suisse Sarl, Interparfums Deutschland GmbH, Interparfums Srl, Interparfums Ltd, Interparfums Luxury Brands and Interparfums Singapore. As of December 31, 2013 the Company's shareholder was InterParfums Holding with 73,1% stake in the Company.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Christophe-Raphaël Ganet

Other Reports on these Companies
Other Reports from Oddo BHF
Matthias Desmarais
  • Matthias Desmarais
Matthias Desmarais
  • Matthias Desmarais
Martin Marandon-Carlhian ... (+2)
  • Martin Marandon-Carlhian
  • Sinan Doganli

ResearchPool Subscriptions

Get the most out of your insights

Get in touch