Interparfums Shares Drop to €21.78: A New Low Since 2020
The licensed perfumery specialist hit €21.78 during Monday's session, its lowest level since 2020. By mid-afternoon, the stock was trading at €22.14, down 0.36% from the last close, while the SBF 120 was up 0.23%. The stock has now lost nearly 35% over twelve months.
A Six-Year Low at €21.78 Erases All Gains Since the Pandemic
Interparfums stock marked an intraday low at €21.78, below the previous threshold of €21.80 from 2020, a year marked by the COVID-19 pandemic. The price has slightly rebounded since then and is now at €22.14, but the stock remains stuck at the lower Bollinger band (€21.80), 11% from the bottom of the band, in a potential oversold zone. The RSI at 39 confirms selling pressure, with no clear signs of exhaustion. The session extends a broader decline: -3.99% over the week and -11.65% over three months, as the price moves below its three moving averages, with a gap of more than 16% below the MM200 at €26.46. However, the sector context remains more favorable: retail sales of cosmetics in China grew by 8.3% year-on-year in March 2026, a segment to which the group is exposed through its licenses.
Ambitious 2025 Guidance and a Summer Financial Calendar to Reshuffle the Deck
During the 2025 financial results announcement, management targeted a high operating margin between 19% and 19.5%, and anticipated sustained growth through new brands in 2026-2028. The 2025 revenue was reported at €899.4 million, up 2%. The group also listed among its risks the low visibility for 2026 and the impact of the euro/dollar exchange rate, two parameters rekindled by the surge in Brent crude above $110 and the rise in US sovereign yields to their highest since February 2025. The shareholding remains concentrated, with 72.4% held by insiders according to May 2026 data. Next key date for shareholders: the publication of the first half of 2026 revenue, expected on July 23, followed by the semi-annual results on September 9.
