Interparfums: FY earnings up 19%

(CercleFinance.com) - For 2023, Interparfums has reported a 19% increase in net income (group share) to E118.
7m and a 0.5-point improvement in its recurring operating margin to 20.1%, on sales that rose 13% to E798.5m.

Its Board of Directors has decided to propose a dividend of E1.15 per share to the AGM on 16 April, up 20%, as well as a new allocation of one bonus share for every ten shares held next June.

For 2024, sound business in January and February, particularly for Lacoste fragrances, and a strong order book, support Interparfums' sales targets, which also intend to maintain a high level of profitability.


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