H1 2026 sales declined 7.3% year-over-year to €414.3m, mainly due to currency effects and geopolitical disruptions. Despite challenges, strong US and Asian growth in select brands and robust Haute Parfumerie performance supported results. Operating margin projected at 19–20%.

Original document:

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.