Interparfums: FY NI up 10%

(CercleFinance.com) - Interparfums has announced a 10% increase in net income (group share) to E129.
9m for 2024, as well as virtually flat underlying operating margin (+0.1 point) at 20.2% on sales that rose 10% to E880.5m.

We've had another excellent year, with growth driven primarily by Lacoste fragrances, in a first year devoted to the resumption of distribution and the relaunch of the brand, management said.

The Board of Directors has decided to propose a dividend of E1.15 per share, up 10%, to the AGM on 17 April, as well as a new allocation of bonus shares next June, on the basis of one allocated for every ten held.

In 2025, Interparfums intends to pursue its growth, with sales now targeted at between E930m and E935m, and also intends to maintain a high level of profitability this year.


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