PARIS – Interparfums SA inventory took a success Thursday, after the perfume maker stated its full-year gross sales goal ought to return to the decrease finish of the preliminary estimate, as a result of appreciation of the euro towards the U.S. greenback since spring.
At 11 a.m. CET, the corporate’s shares had been buying and selling at 31.86 euros, down 9.1 p.c versus the prior day’s shut.
The Paris-based maker of Montblanc, Lacoste, Jimmy Choo, Van Cleef & Arpels and Coach fragrances reported on Thursday morning second-quarter 2025 gross sales of 211.4 million euros, up 0.7 p.c versus the identical prior-year interval in reported phrases and three.3 p.c at fixed alternate charges.
Interparfums SA stated that regardless of geopolitical turmoil throughout springtime intensifying customers’ wait-and-see perspective in lots of markets, enterprise held robust between April and June, notably in america. There, gross sales rose 9 p.c throughout the three-month interval.
The corporate’s gross sales within the first half of the yr reached 446.9 million euros, a 5.8 p.c rise, according to projections. In fixed foreign money phrases, the group’s gross sales had been up 6.1 p.c within the six months.
Van Cleef & Arpels fragrance
Courtesy of Interparfums SA
“Regardless of an more and more complicated setting, we now have clearly achieved first half, according to our projections,” stated Philippe Benacin, chairman and chief government officer of Interparfums SA, in a press release. “Given the appreciation of the euro towards the U.S. greenback because the spring, our 2025 gross sales goal ought to return to the decrease finish of our preliminary estimate, round 910 million euros.”
Interparfums SA stated it has taken numerous measures to restrict the influence of doable U.S. tariffs on European imports to curb the influence on the group’s profitability.
“The latest proposal to extend this fee to 30 p.c as of Aug. 1, 2025, if it goes into impact, could lead on the corporate to take extra measures this fall,” stated the corporate.
