For the fourth time, Interparfums on Tuesday revised its outlook for 2021 upwards. The French specialist in licensed fragrances (Montblanc, Jimmy Choo, Coach, etc.) expects a turnover of between 520 and 530 million euros. euros, up 40% over one year and 8% compared to 2019, the year of the previous record. The group will achieve 15 to 16% operating margin, against 12.8% last year.
"It's a surprising, very special year,"
summarizes Philippe Benacin, the CEO of the group.
In September 2020, when establishing our 2021 budget, we had forecast a turnover of 400 million euros. ”
The rebound was so spectacular that the group delayed the achievement of its 2022 budget by three months.
“We started with a turnover of 524 million.
However, this is the level that we will reach from 2021 ”
, summarizes the manager.
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