Interparfums cautious on 2020 growth due to economic uncertainty
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(Reuters) - French perfume maker Interparfums on Thursday forecast 2020 revenue at a lower-than-expected 500 million euros (428.40 million pounds) blaming geopolitical and economic uncertainties.That was below the 545.6 million euros expected on average by analysts in a company-compiled consensus."We plan to continue to invest significantly in marketing and advertising, without impacting our operating margin which in 2020 is expected to reach between 14% and 14.5%," Chief Financial Officer..