13/11/2024 07:00 |
2025 outlook. Solid growth |
INFORMATION REGLEMENTEE
2025 outlook
Solid growth 2024: The year of Lacoste 2025 will also stand out for the creation of the Upcoming events proprietary brand Solférino®, a collection of 10 premium Interparfums will achieve further sales growth of over Publication of 2024 annual sales fragrances developed by star perfumers and intended 10% in 2024, driven in particular by the remarkable January 23, 2025 for the collector’s fragrance market, to be launched (before the opening performance of Lacoste fragrances in a year marked by initially through an ultra-selective network of around of the Paris stock market) the takeover of fragrance distribution and by the relaunch a hundred doors initially. A first boutique entirely of the brand. Sales should reach €880 to 890 million, in dedicated to the brand should be up and running by Publication of 2024 results line with projections, with a current operating margin February 26, 2025 the end of the year, along with an e-commerce site. exceeding 19% thanks to a strong gross margin and (before the opening consistently tight control of operating costs. The launch of this new brand reflects the company’s of the Paris stock market) medium-term growth strategy in the extremely buoyant Investor Relations 2025: The year of Solférino high-end fragrance market. This strategy will further and Analysts Contact extend to Moncler fragrances, whose development will Lacoste Original, the Group’s very first initiative with the henceforth be based mainly on strengthening the Les brand, as well as Jimmy Choo I Want Choo Le Parfum, will Philippe Santi Sommets collection through highly selective distribution. Executive Vice President continue their expansion in 2025. Meanwhile, several psanti@interparfums.fr flankers will help support the company’s short-term In this context, 2025 sales should reach €910 to 930 million, growth, notably the Montblanc Explorer, Jimmy Choo with the operating margin once again exceeding 19%. Press contact Man, Coach Woman, Coach Man, Lacoste L.12.12 and Lacoste Original franchises. Cyril Levy-Pey Communication Director clevypey@interparfums.fr Philippe Benacin, Chairman and CEO, commented: “With the Solférino collection, a proprietary brand under development for the past two years, we will have a rich and unique universe perfectly suited to the high-end fragrance market. This represents a first strategic step in the implementation of a new path for development in a market that has been showing very strong growth for several years now. ” Paris, November 13, 2024 Interparfums This press release is available ISIN : FR0004024222-ITP 10 rue de Solférino in French and English Reuters : IPAR.PA Bloomberg : ITP 75007 Paris on the company’s website Euronext Compartment A Tel. +33 (0)1 53 77 00 00 interparfums-finance.fr Eligible for Deferred Settlement Service (SRD) Eligible for PEA Index - SBF 120, CAC Mid 60 |