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A Record Year For Inter Parfums

Sales increase 34% to $615.2 million.

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By: TOM BRANNA

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Inter Parfums, Inc. reported results for the fourth quarter and year ended Dec. 31, 2011. For the fourth quarter, net sales rose 68% to $189.1 million. European-based operations generated net sales of $169.6 million, up 78%. Net sales by U.S.-based operations were up nearly 15% to $19.5 million. Net sales for the year ended Dec. 31, 2011 increased 34% to a record $615.2 million from the prior year. Net income attributable to Inter Parfums, Inc. rose 21% to a record $32.3 million. ...

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