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Key consolidated figures
(IFRS)

In € thousands 2007 2008 2009 2010 2011
Sales 242,123 264,864 259,165 305,696 398,328
% international 91% 90% 90% 91% 91%
Income from operations 31,812 34,259 33,683 42,216 46,301
Operating margin 13.1% 12.9% 13.0% 13.8% 11,6 %
Net Income 20,193 21,119 22,647 26,807 30,300
Net margin 8.3% 8.0% 8.7% 8.8% 7,6%
Shareholders' equity 134,233 155,928 169,939 191,884 216,020
Net cash 56,113 26,304 66,201 57,668 17,395
Total assets 271,544 262,064 253,674 296,957 353,194
Workforce (at 31 December) 145 152 171 180 227

Consolidated sales 2011: €398.3 million

Consolidated sales for the year totalled €398.3 million, up 30% at current exchange rates and 33% at constant exchange rates over 2010.

Consolidated operating income 2011: €46.3m
11.6% consolidated net income

Operating profit came to €46.3 million (+10%) in a year of significant increases in marketing and advertising expenses (+76%) resulting in an operating margin of 11.6%.

Consolidated net income 2011: €30.3m
7.6% consolidated net income

In light of the non-recurring financial charge from the 2010 currency effect, Group net income rose for the 15th consecutive year to more than €30 million in 2011 (+13%). This performance was achieved despite an additional tax expense (€0.6 million) from an increase in the corporate income tax rate in France.

Balance sheet highlights at 31 December 2011

The Group's balance sheet has strengthened year after year with at December 31, 2011:

  • Shareholders' equity of €216 million (61% of the total assets);
  • Cash and cash equivalents of €17.4 million;
  • Low net debt of €3.5 million (to be fully paid off at June 30, 2012)

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Interparfums share data

Interparfums

Closing price

€20.31

Var. D -1 :

€ -0.19

Opening

€20.40

Var. D -1 % :

-0.93 %

Closing

€20.50

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