Analyst Research

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Provider: Reuters Investment Profile
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Provider: Sadif Analytics Prime
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Provider: Sadif Analytics Prime
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Interparfums SA Raise FY 2013 Sales Guidance; Issues FY 2014 Sales Guidance Below Analysts' Estimates


Tuesday, 19 Nov 2013 12:50am EST 

Interparfums SA announced that total annual sales for fiscal year 2013 should exceed the latest estimates to reach EUR 340-345 million. The current brand portfolio is expected to grow 15% from fiscal year 2012 with sales of EUR 240-245 million. In fiscal year 2014, at current euro/dollar levels, like-for-like sales are expected to achieve another year of 15% growth with an annual target of EUR 280 million. According to I/B/E/S estimates, analysts on average are expecting the Company to report fiscal year 2014 revenue of EUR 294.4 million.