BUZZ-French fragrance maker Interparfums lifted by slight full-year beat

Reuters01-22
BUZZ-French fragrance maker Interparfums lifted by slight full-year beat

** Shares in Interparfums IPAR.PA are up 5.9% after the French fragrance maker posted full-year results slightly higher than expected by analysts

** Revenue came in at 899.4 million euros ($1.05 billion), a slight beat to the 891.5 millions euros provided by a company-compiled consensus

** "2026 in transition, 2027 in recovery," TP ICAP MidCap analyst says in a note

** The group now expects its FY recurring operating margin to be between 19% and 19.5%, negatively affected by additional costs from U.S. tariffs and an unfavorable change in the euro–dollar exchange rate

** "We are lowering our estimate for current operating margin to 19.5%, at the top end of the new guidance range," TP ICAP MidCap adds

** Interparfums shares trade on top of the SBF120 .SBF120 index

($1 = 0.8558 euros)

(Reporting by Hugo Lhomedet)

((hugo.lhomedet@thomsonreuters.com))

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