Interparfums has posted sales growth of 13% to 798.5 million euros (+14.6% at constant exchange rates) for 2023, achieving 'another record year, in a dynamic market, particularly in the first part of the year'.

In his view, this performance was primarily organic, with volume growth of around 11.5%, "reflecting continuing strong demand for the portfolio's flagship brands, which posted double-digit growth for the year".

"Given the ongoing control of all expenses, particularly marketing and advertising, the operating margin for 2023 should exceed 19%", asserts Philippe Santi, Chief Operating Officer.

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