2014 outlook. Continuing growth

PR Newswire/Les Echos/ 
2014 outlook
Continuing growth 
2013: A new dynamic 
The new dynamic triggered by the change in the brand portfolio's structure in
2013 has accelerated the pace of expansion, particularly for Montblanc and 
Jimmy Choo fragrances, and contributed to the extremely promising start for the
Repetto and Boucheron Place Vendôme lines. On this basis, the current brand
portfolio is expected to grow 15% from 2012 with sales of EUR240-245 million. 
Bolstered by these performances, total annual sales for 2013 should thus exceed
the latest estimates to reach EUR340-345 million. 
2014: Continuing growth 
In 2014, at current euro/dollar levels, like-for-like sales are expected to
achieve another year of 15% growth with an annual target of EUR280 million from
a combination of continuing development by existing lines and a sustained
program of launches, including notably: 
* the launch of the first lines developed by the company under the Balmain and
  Karl Lagerfeld brands; 
* the launch of a second men's line under the Montblanc brand destined to
  support the continuing development of the first line, Legend, launched in
  2011; 
* a first men's fragrance initiative under the Jimmy Choo brand. 
With advertising budgets significantly strengthened, the operating margin target
may reach 10%-11%. 
Interparfums will further continue to explore all major opportunities to expand
its portfolio to acquire new brands either on a proprietary basis or as a
licensee, in light of an estimated cash position at December 31, 2013 of EUR220
million. 
Paris, November 19, 2013 
Visit us at interparfums.fr 
15% growth in 2014 
(excluding Burberry) 
Upcoming event 
Actionaria Trade Show, Paris
November 22 & 23, 2013 
Publication of 2013 sales
January 28, 2014
(before the opening
of NYSE-Euronext Paris) 
Investor Relations 
and Analysts Contact 
Philippe Santi, +33 1 53 77 00 00
psanti@interparfums.fr 
Media Contact 
Cyril Levy-Pey, +33 1 53 77 00 00
clevypey@interparfums.fr 
Interparfums
ISIN - FR0004024222-ITP
Reuters - IPAR.PA
Bloomberg - ITP
Indexes - CAC Mid & Small 
                  
The content and accuracy of news releases published on this site and/or 
distributed by PR Newswire or its partners are the sole responsibility of the 
originating company or organisation. Whilst every effort is made to ensure the 
accuracy of our services, such releases are not actively monitored or reviewed 
by PR Newswire or its partners and under no circumstances shall PR Newswire or 
its partners be liable for any loss or damage resulting from the use of such 
information. All information should be checked prior to publication. 
-0- Nov/19/2013 07:42 GMT
 
 
Press spacebar to pause and continue. Press esc to stop.