Campari Positive on Outlook Despite Expected Currency Hit — …

Feb 27, 2024 · Davide Campari-Milano said that it has a positive outlook for 2024 despite what it called a normalizing macroeconomic environment and further negative foreign-exchange …

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Campari’s Growth Strategy Amid Economic Challenges

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Oct 29, 2024 · Davide Campari-Milano SpA has released an update.Davide Campari-Milano SpA reports a positive organic growth of 2.1% in the first nine months of 2024, despite facing …

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Campari CEO Signs Off With Profit Increase, Bright Outlook

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Feb 29, 2024 · Campari's operating profit reached €619 million ($671 million) last year, boosted by price increases, which helped to cushion the impact of input cost inflation and investments …

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Campari Shares Tumble 15% After Results Miss Expectations

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Oct 30, 2024 · Net sales for Campari, whose products include the popular Aperol aperitif, fell by 1.4% to 753 million euros ($816 million) in the third quarter, while analysts expected a rise to …

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Results Presentation First Quarter Ended 31 March 2022

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4 > USA +6.6% • Positive start to the year against an overall tough comparison base with strong growth in Espolòn (+27.0%), Wild Turkey bourbon (+27.3%), Aperol (+51.2%) thanks to …

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Why did Campari shares drop 15%?

MILAN (Reuters) -Shares in Campari were on course for their biggest single-day drop in more than four years on Wednesday after the Italian spirits group significantly missed analysts' third-quarter earnings expectations. Campari shares were down 15% at 1000 GMT, bringing the overall decline since the beginning of the year to around 35%. ...

Why are Campari shares down 15% at 1000 GMT?

Campari shares were down 15% at 1000 GMT, bringing the overall decline since the beginning of the year to around 35%. Spirits makers have been facing lacklustre demand after a boom in sales in the post-pandemic years came to an end. ...

When will Campari find a new boss?

Campari said it expected to conclude the search for a new boss by the first half of next year. Previous CEO Matteo Fantacchiotti abruptly quit in September after only five months in charge, with the company citing personal reasons for his departure. ...