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A surprising growth. Interparfums<\/strong>, the manufacturer and distributor of licensed perfumes created in 1982<\/strong>, published its annual results for the year 2022<\/strong> on Wednesday. Already published in January, sales reached 706.6 million euros<\/strong>, up 26%, 94% of which was generated internationally.<\/p>\n <\/p>\n Net profit attributable to the group rose by 40% to 99.5 million euros<\/strong>. Interparfums also reported a 33% increase in income from operations to 131.8 million euros<\/strong>. 131.8 million, bringing the margin to 18.7%<\/strong> of revenues, compared to 17.6% in 2021.<\/p>\n <\/p>\n These excellent results exceed expectations. The listed group expected its operating margin to exceed 17%, while analysts were forecasting an average net profit attributable to the group of only 88.9 million euros and an operating profit of 121.2 million euros.<\/p>\n <\/p>\n <\/p>\n Among its various licenses, the Montblanc<\/strong> license is making a splash. Having reached a turnover of more than 180 million euros in 2022<\/strong>, a fivefold increase since 2011, Montblanc fragrances are thus asserting themselves as a major player in the global men’s fragrance industry. Montblanc and Interparfums have already decided, even before the end of their contract, to extend their partnership for 5 more years, until the end of 2030.<\/strong><\/p>\n <\/p>\n <\/p>\n Philippe Benacin<\/strong>, CEO of Interparfums, expressed his satisfaction with such results “in a troubled economic and geopolitical context” in 2022. He also said he was “optimistic” for 2023 despite a still uncertain environment. His group is targeting revenues of 750 million euros <\/strong>this year, an increase of 6%.<\/strong><\/p>\n <\/p>\n “If the lack of visibility, persistent, incites us to prudence, we are not less optimistic as for the continuation of a sustained growth combined with a high profitability”<\/em>, indicated the deputy general manager of the group, Philippe Santi.<\/strong><\/p>\n <\/p>\n On the strength of these good results, Interparfums’ Board of Directors will propose a 23% increase in its dividend per share<\/strong> to \u20ac1.05 from \u20ac0.94 for 2021, to be voted on at the Annual General Meeting on April 21. The group is also planning to allocate<\/strong> free shares in June<\/strong>, for the 24th consecutive year, at the rate of one share allocated for every 10 held.<\/p>\n <\/p>\n Read also >Idealo study reveals the three best-selling fragrances for Valentine\u2019s Day<\/a><\/p>\nMontblanc success<\/h2>\n
Confident in the future<\/h2>\n