The Paris financial markets have responded appreciatively to the 2007 performance of Inter Parfums whose share price rose 8% to €27 after announcing an 8% increase in net profits to €20.2m. Sales went up 12% to €242m. Operating profits rose by 9% to €31.8m while operating margin reached 13.1% compared with a target of 12.6%. Inter said it expected sales to increase by about 10% through 2008 helped by the launch of new perfumes in the Burberry, Lanvin and Van Cleef & Arpels brand. Operating and net profits are expected to increase in line with sales.
Inter Parfums confident of an even more successful 2008
The Paris financial markets have responded appreciatively to the 2007 performance of Inter Parfums whose share price rose 8% to €27 after announcing an 8% increase in net profits to €20.2m. Sales went up 12% to €242m. Operating profits rose by 9% to €31.8m while operating margin reached 13.1% compared with a target of 12.6%. Inter said it expected sales to increase by about 10% through 2008 helped by the launch of new perfumes in the Burberry, Lanvin and Van Cleef & Arpels brand. Operating and net profits are expected to increase in line with sales.
You may also like
Ingredients
![A forgotten ancient marine material is entering modern skincare]()
A forgotten ancient marine material is entering modern skincare
Read moreOnce transformed into sea silk and prized among the Mediterranean's luxury materials, byssus has largely disappeared from modern material culture. Seastex is bringing it back in an unexpected form. Byssup™ transforms responsibly sourced mussel byssus into a natural marine protein powder for cosmetic innovation. With its own newly recognised INCI name, could this ancient biomaterial become beauty's next niche ingredient?
Trending Articles
-
You need to be a subscriber to read this article.
Click here to find out more. -
You need to be a subscriber to read this article.
Click here to find out more.
You may also like
Ingredients
![A forgotten ancient marine material is entering modern skincare]()
A forgotten ancient marine material is entering modern skincare
Once transformed into sea silk and prized among the Mediterranean's luxury materials, byssus has largely disappeared from modern material culture. Seastex is bringing it back in an unexpected form. Byssup™ transforms responsibly sourced mussel byssus into a natural marine protein powder for cosmetic innovation. With its own newly recognised INCI name, could this ancient biomaterial become beauty's next niche ingredient?
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.
Research & Development
![Lady Gaga’s latest beauty venture is skin health research firm Outer Bio]()
Lady Gaga’s latest beauty venture is skin health research firm Outer Bio
The singer and Haus Labs founder has silently sat on start-up Outer Bio’s board of directors until now, unveiling Yuna on her Instagram – an ex vivo human-skin platform that enables skin to stay alive, and stay measurable, for four weeks
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.
Body Care
![Jules von Hep joins Solskin’s board to help grow the UK self-tan brand]()
Jules von Hep joins Solskin’s board to help grow the UK self-tan brand
The tanning expert and Pure Beauty Awards judge will advise three-year-old Solskin on scaling the business. Von Hep’s appointment to Solskin’s board marks his return to tanning since departing his own brand, Isle of Paradise, last year
