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BRIEF-Interparfums FY net income rises by 11 pct to 32.4 million euros
March 14, 2017 / 6:06 AM / 9 months ago

BRIEF-Interparfums FY net income rises by 11 pct to 32.4 million euros

March 14 (Reuters) - Interparfums SA:

* FY net income 32.4 million euros ($34.53 million), up by 11 pct

* FY operating income 49.7 million euros, up by 9 pct

* 2016 operating margin at 13.6 pct

* Proposes dividend of 0.55 euro per share

* Sees operating margin in between 13 pct and 13.5 pct in 2017

* Objective of revenue in 2017 from 385 million euros to 390 million euros

* Effective as of Dec 31, 2016 co and Balmain decided to terminate license agreement entered into in 2012 Source text: bit.ly/2mmeXvi Further company coverage: ($1 = 0.9383 euros) (Gdynia Newsroom)

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