Report
Christophe-Raphaël Ganet

Interparfums : Feedback from analysts’ meeting: 2024 will see the operating margin consolidate but the 2025 horizon is beginning to look more favourable

>A more reassuring tone, notably on the outlook for 2025 - Key takeaways from yesterday’s analysts’ meeting:No guidance for the operating margin: in light of H1 and a more balanced breakdown of advertising spending than in 2023 (2023: H1: 34%/H2: 66%), management let it be understood that it is comfortable with the consensus forecast, i.e. around € 170m, i.e. approx. 19%. Market trend: July was a good month (deliveries and orders). While some small markets a...
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

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