Interparfums : Q4 2023 sales hit by base effect, 2023 operating margin expected to be good
>Q4 2023: -2.5%, at the lower end of expectations… - Sales came in at € 187.8m, down by 2.5% and by around 2.8% cc). By brand, sales break down as follows: Jimmy Choo -5 % in Q4 vs +24% in 9M; Montblanc: -9.6 % in Q4 vs +19% in 9M; Coach: +11.5% in Q4 vs +26% in 9M; Rochas: +2.1% in Q4 vs -29% in 9M; Lanvin: -15.6% in Q4 vs +0.4% in 9M; Kate Spade: -4% vs +46% in 9M.Full year sales totalled € 798.5m, up 13% (o/w an 11.5% volume effect) and up 14.6% excluding the ...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.
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