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Inter Parfums

This article was originally published in The Rose Sheet

Executive Summary

Fragrance manufacturer improves 2003 financial outlook, with sales now expected to reach $182 mil. on growth of prestige fragrances and initial sales of Burberry Brit, firm says. Estimate is up from previous projection of $177 mil.-$179 mil. (1"The Rose Sheet" Oct. 13, 2003, In Brief). Net income is expected to be $13.4 mil. for the year, versus prior estimate of $12.7 mil.-$12.9 mil. Inter Parfums 2004 sales are projected to be about $206 mil., with net income of approximately $15 mil., assuming the dollar remains at current levels, company says...
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