France's Interparfums confirms full-year guidance

FILE PHOTO: Bottles of perfumes by Rochas are displayed in the office of perfume maker Interparfums in Paris, France, November 7, 2016. REUTERS/Philippe Wojazer - Copyright Philippe Wojazer(Reuters)

By Reuters

Published on 24/07/2019 - 16:06•Updated 19/04/2024 - 11:30

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(Reuters) - French perfumes maker Interparfums <IPAR.PA> reported on Wednesday consolidated second-quarter sales of 111.8 million euros ( £100.6 million ), up 11.7% at constant exchange rates, driven by performances of Montblanc and Coach fragrances.

Interparfums said it expects an operating margin of more than 15% in the first half of 2019.

Jimmy Choo and Coach fragrance licenses owner confirmed its full-year guidance for revenue of 480 million euros and operating margin of approximately 14%.

(Reporting by Michal Aleksandrowicz in Gdynia; Editing by Tomasz Janowski)

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