Interparfums
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Interparfums (ITP) investor relations material

Interparfums Q4 2025 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 TU earnings summary22 Jan, 2026

Executive summary

  • 2025 sales reached €918m at constant exchange rates, up 4.3% year-over-year, and €899m at current rates, up 2.1%, reflecting strong brand performance despite currency headwinds and complex market conditions.

  • Double-digit growth achieved in China, Mexico, and Spain, while Korea and India faced distribution disruptions.

  • The company extended the Coach license to 2031, acquired Annick Goutal IP, and signed a new fragrance license with Longchamp through 2036.

Financial highlights

  • Organic growth exceeded 4% compared to 2024.

  • North America sales grew 5% year-over-year, with local US sales up over 9%.

  • Coach fragrances sales rose nearly 10% to €200m; Lacoste up 21% to €95m.

  • Operating margin for 2025 expected between 19% and 19.5% despite tariffs and FX headwinds.

Outlook and guidance

  • About fifteen new fragrance line extensions planned for 2026; launches for new and historical brands scheduled for 2027 and 2028.

  • Management remains cautious for 2026 due to economic, geopolitical, and monetary uncertainties but expects growth recovery in 2027.

Elaborate on 2026 uncertainties and visibility
How was 19-19.5% margin achieved despite costs?
Lanvin's 2025 decline: Elaborate on causes
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H2 202525 Feb, 2026
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Frequently asked questions

Interparfums SA develops, manufactures, and distributes perfumes and cosmetics under license for luxury and fashion brands. The company operates globally through prestige fragrance lines sold in department stores, boutiques, and travel retail. The company is headquartered in Paris, France, and its shares are listed on Euronext Paris.

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