Inter Recorded A Net Profit Of $5 Million 831 Thousand In The Two Quarter.

The perfume group Inter Parfums Inc. (NASDAQ:IPAR) recorded a net profit of US $5 million 831 thousand in the two quarter and a profit of $0.19 per share, which is in line with Zacks's forecast, which was 4 million 351 thousand US dollars in the same period last year, and 0.14 US dollars per share. Net profit and EPS rose 34% and 35.7% respectively.

Group sales increased from $102 million in the same period last year to $117 million 200 thousand.

As of the two quarter of June 30th, the group's operating profit recorded an increase of 39% to $11 million 459 thousand, and 170 of its operating profit margins improved to 9.8%.

The Group intends to issue a quarterly dividend of US $0.15.

Inter Parfums Inc. expects annual EPS to be US $1.05 -1.10 US dollars, and the revenue is expected to be US $500 million US $-5.10 billion.

Under the background of global economic difficulties, the two perfume

The strong sales of Montblanc MontBlanc and Jimmy Choo promoted the sales of French perfume company Interparfums SA IPAR.PA (IPAR.PA) and its parent company Inter Parfums Inc. in the two quarter of fiscal 2016, which increased significantly by 12.2% and 14.8% respectively.

In the two quarter, the net sales of Interparfums SA, which mainly operated in Europe, increased from 70 million euros in the same period last year to 78 million 600 thousand euros.

Sales in the first half of the fiscal year totaled 162 million 300 thousand euros, up 10.3% from 147 million 100 thousand euros a year earlier, while the fixed exchange rate increased by 10.5%, the figure being 7.3% in the first quarter and only 2% in 2015.

In the two quarter, the sales of its brand Montblanc MontBlanc reached 23 million 300 thousand euros, an increase of 29.4% over the same period last year, mainly due to the strong performance of the new perfume Montblanc Legend Spirit Spirit and the Montblanc Legend Classic series; Jimmy Choo sales increased by 39.3% to 19 million 500 thousand euros, and the brand's global promotion of third female Xiang Jimmy Choo Jimmy launched last year played a significant driving role.

In addition, the group's newly acquired Rochas brand brand perfume sales rose to 7 million 900 thousand euros from 1 million 500 thousand euros in the same period last year, and jumped into the fourth largest perfume brand in the two quarter.

And only Lanvin, Lang Wen, is still weak in the tens of millions of perfume brands, because Russia and China are the two key.

In the economic downturn, its sales fell by 22% to 11 million euros a year.

In addition to sales in Eastern Europe and South America, all other major markets recorded growth in the region, especially in Western Europe (33%), France (26%) and North America (28%), and Asia grew by nearly 9%.

The company maintains a 340 million euro income outlook for the whole year, which means it will rise by 3.8% over the 327 million 400 thousand euro in 2015.

The operating profit rate is expected to return to normal level 12%-13% from 14% last year (benefiting from the US dollar appreciation).

The net sales of Inter Parfums Inc., the head office, increased from $102 million in the same period last year to $117 million 200 thousand, and sales in the first half of the fiscal year were $228 million 700 thousand, up 8.2% on the two quarter.

The group launched the first perfume First Instinct and Wave for the two brands of Abercrombie & Fitch Co. (NYSE:ANF), Abercrombie & Fitch Co. and NYSE:ANF respectively, and became the main driving force of the US brand business. Besides, Dunhill has continued to perform well, even if there is no new product, the growth rate will reach as high as 23%.

As for Coach Inc. (NYSE:COH), which has been preheated.

Perfume will take the lead in the 3000 sales outlets in the United States in mid September, and is expected to be promoted to 20 thousand sales outlets around the world by the end of 2017.

On Tuesday, Interparfums SA (IPAR.PA) closed at $33.74, a 0.47% decline, but the stock has soared 42% this year and 20% in the past year.