Consolidated first-quarter sales reached €147.9 million, up 33.4% at current exchange rates and 34.5% at constant exchange rates from the same period in 2012.
This performance was driven not only by strong demand for all the portfolio's current brands and in particular Lanvin, Jimmy Choo and Montblanc, but also higher-than-expected sales for the Burberry brand’s last quarter within the Group. Like-for-like sales (excluding Burberry) for the quarter came to €64.8 million, up 14.6% and in line with initial forecasts.
In 2012, Interparfums maintained its forward momentum of prior years with further market share gains driven by significant advances in particular by Montblanc, Jimmy Choo and Boucheron fragrances that generated combined sales of nearly €100 million after just two years of activity as part of the Group's portfolio.
Bolstered by strong year-end momentum, particularly in the United States and Asia, Interparfums exceeded its guidance for 2012 annual sales issued in the Fall. With record consolidated sales of €445.5 million, the company experienced continuing growth in the period, up 11.8% at current exchange rates and 6.9% at constant exchange rates over 2011, despite the particularly high comparison base from the launch of Burberry Body line in the prior year.
This performance reflects very strong development by Montblanc (+51%), Jimmy Choo (+36%) and Boucheron (+96%) fragrances that generated combined sales of more than €100 million after just two years of activity as part of the Group's portfolio.
Interparfums has maintained its growth momentum in 2012 with revenue expected to reach €425 million, a rise of nearly 7%, despite the particularly high comparison base from 2011 linked to the launch of the Burberry Body line.
This growth driven by the very strong performances from Montblanc, Jimmy Choo and Boucheron fragrances in particular is expected to generate nearly €100 million in combined sales for the period or a 45% increase on the previous year after just two years of activity as part of the Group's portfolio.

KARL LAGERFELD, the internationally renowned fashion house, and INTERPARFUMS, the creator of prestige perfumes and cosmetics, have signed a worldwide and exclusive license agreement to create, produce and distribute perfumes under the KARL LAGERFELD brand. This 20-year agreement starting today replaces a previous license between the KARL LAGERFELD and COTY companies, terminated by mutual consent.
In the 2012 third quarter, Interparfums achieved further growth in sales from a comparison base that was already very high for fall 2011, bolstered by the launch of the Burberry Body line. Sales for the quarter thus reached nearly €119 million, up 8.6% at current exchange rates from last year's same period. Continuing strength of sales for Montblanc (+68%), Jimmy Choo (+45%) and Boucheron (+57%) fragrances in particular drove growth of more than 25% for the quarter for all brands combined excluding Burberry.
Consolidated sales for the first nine months of 2012 rose to €327.8 million, up 20.3% at current exchange rates and 15.0% at constant exchange rates year-on-year.
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Interparfums |
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Closing price €23.94 |
Var. D -1 : € 0.01 |
Opening €23.80 |
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Var. D -1 % : 0.04 % |
Closing €23.93 |
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