By  on March 12, 2014

PARIS — Inter Parfums SA said Wednesday it maintained a growth path in 2013 without the Burberry fragrance business and with strong progress from the Montblanc, Jimmy Choo and Repetto brands.

Net income at the company, which is the Paris-based subsidiary of Inter Parfums Inc., was 34.8 million euros, or $46.2 million, down 4 percent on-year.

“Bolstered by the first half’s excellent performances, the company significantly ramped up marketing and advertising in the second part of the year,” the company said.

Operating profit dipped 9 percent to 52.2 million euros, or $69.3 million, while operating margin came in at 14.9 percent, versus 12.9 percent in 2012. Net margin was 9.9 percent, against 8.2 percent in the prior-year period.

 

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