Interparfums : Q3 2024 revenue better than expected. Operating margin guidance in line with the consensus. Positive perception
>Q3: +20.2% vs +6.7% at end-June - Q3 sales came in at € 257.6m, i.e. +20.2%. Over nine months, sales totalled € 680.2m, i.e. +11.4% and 11.5% at constant forex. The group has renewed its 2024 revenue target (sales of between € 880me and € 900me , i.e. +10/+13%e) and finally specified its operating margin guidance: around 19% vs "a high level so far (reminder: 22% in H1 Q4 vs 25.8% in H1 23). In Q3, as in 9M, all geographic areas have grown (between +5% and +47%).§rch...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.
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.
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