Interparfums reported a 3% decline in group share net income to €126.6 million for 2025. However, excluding tariffs, its adjusted net income reached €132.3 million, up 2% compared to 2024, with the net margin thus holding steady at 14.7%.
Still excluding tariffs, the adjusted operating income of the luxury perfume manufacturer reached €182.8 million for the past fiscal year, a rise of nearly 3%, also resulting in a stable margin at 20.3%.
The gross margin rate for 2025 fell by nearly one point to 64.7%, on revenue up 2% to €899.4 million, in a context "marked by numerous exogenous factors weighing on its business."
The board of directors has decided to propose to the combined general meeting on April 24 a stable dividend of €1.05 per share. Another free share allocation will also be proposed next June, for the 27th consecutive year.
"In 2026, in light of the many launches planned for 2027 and 2028, Interparfums intends to increase its investments and associated expenses, while maintaining a high operating margin, based on the current euro-dollar parity," stated Deputy CEO Philippe Santi.
Interparfums specializes in the design, manufacturing and marketing of luxury fragrances. The group's activity is organized primarily around 2 product families:
- fragrance: Jimmy Choo, Montblanc, Coach, Lacoste, Lanvin, Rochas, Karl Lagerfeld, Van Cleef & Arpels, Kate Spade, Boucheron, and Moncler brands;
- women's and men's fashion items: Rochas brand.
Products were being marketed through perfume shops, franchise chains and department stores in France, and through import companies, airports, and airlines abroad.
Net sales are distributed geographically as follows: France (6.4%), Eastern Europe (8.8%), Western Europe (18.1%), North America (38.6%), Asia (12.8%), South America (8.8%), the Middle East (5.8%) and Africa (0.7%).
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