02.14.06
Inter Parfums Inc., announced that net sales for the final quarter of 2005 were approximately $65.5 million, or nearly 3% ahead of the fourth quarter of 2004. At comparable foreign currency exchange rates, net sales for the fourth quarter were up 9%. Thus net sales for the year of $273.4 million were close to 16% ahead of 2004’s $236 million. At comparable foreign currency exchange rates, net sales for 2005 were up nearly 17%.
Jean Madar, chairman and chief executive officer of Inter Parfums, noted, “We are pleased with our top line growth in 2005, and look forward to a resumption of bottom line growth in 2006. We have an ambitious new product lineup in 2006. The most significant of these is a new Burberry fragrance family for men and women in conjunction with Burberry’s 150th anniversary.
“There will also be a new
Jean Madar, chairman and chief executive officer of Inter Parfums, noted, “We are pleased with our top line growth in 2005, and look forward to a resumption of bottom line growth in 2006. We have an ambitious new product lineup in 2006. The most significant of these is a new Burberry fragrance family for men and women in conjunction with Burberry’s 150th anniversary.
“There will also be a new