Report
Christophe-Raphaël Ganet

Interparfums : Disruption in the short term...

>An exceptional and extraordinary H1 2021 for Interparfums... - Interim results revealed i/ robust demand in all markets (with the possible exception of the Middle East), ii/ a record underlying operating margin at 24.7%, despite the resumption of marketing spend (€ 37m, +23% y-o-y): the variability of the cost structure has magnified the rebound in volumes (sales: +12%), particularly as a number of cost items (travel, etc.) remain frozen, iii/ a net cash position of ...
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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