Interparfums reports a 3% decline in group net income to 126.6 million euros for 2025. However, excluding customs duties, its adjusted net income reached 132.3 million euros, marking a 2% increase compared to 2024, with the net margin thus holding steady at 14.7%. Also excluding customs duties, the adjusted operating profit for the luxury perfume manufacturer stood at 182.8 million euros for the past fiscal year, up nearly 3%, resulting in a stable margin of 20.3%.
The gross margin rate for 2025 fell by nearly one point to 64.7%, while revenue grew by 2% to 899.4 million euros, in a context "marked by numerous exogenous factors weighing on its activity".
The board of directors has decided to propose a stable dividend of 1.05 euro per share at the combined general meeting on April 24. 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 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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