Interparfums: 2024 sales up 10.3% at E880.5m
(CercleFinance.com) - With quarterly sales again exceeding E200m, Interparfums achieves its full-year targets: FY 2024 sales of E880.
5m, up 10.3% at current and constant currencies vs. FY 2023.
In North America, business remained buoyant in 2024, with sales of E332m.
South America continued its positive trend, with growth of 13% in 2024, underpinned by the resumption of Lacoste fragrance distribution and the strength of Montblanc fragrances.
The overall trend remained positive in Singapore and Japan, as well as in China (+18%).
Eastern Europe returned to growth in 2024. Thanks to a 40% increase in sales in H2 2024, Western Europe posted growth of almost 25% over 2024 as a whole.
France performed very well, exceeding expectations, mainly thanks to the Rochas and Jimmy Choo brands, a trend bolstered by the very positive upturn in distribution of Lacoste perfumes.
The Middle East is still suffering from the repercussions of existing conflicts in the region and a reduction in the number of points of sale in many markets, but business remains positive thanks to Montblanc, Jimmy Choo and Lacoste fragrances.
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