PARIS — Inter Parfums SA registered first-half net profits of 12.9 million euros, or $17.1 million, up 12.2 percent, following a 2 million euro, or $2.7 million, one-off charge linked specifically to currency effects.
The Paris-based subsidiary of Inter Parfums Inc. posted operating profits of 21.5 million euros, or $28.5 million, a 43.3 percent gain, in the six months ended June 30. “In line with its development strategy, the group continued to ramp up investments in marketing and advertising (plus 39 percent) while maintaining tight control of all selling expenses,” Inter Parfums stated.
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