Year-to-date stays positive for Campari Group but Q3 turns red ...

Oct 30, 2024 · Reading: Year-to-date stays positive for Campari Group but Q3 turns red – results data. Share. Search. Year-to-date stays positive for Campari Group but Q3 turns red – results …

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PRESS RELEASE Whilst Continuing To Outperform The Industry …

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Group profit before taxation €423.0 milliondown , -5.0% on a reported basis (-20.4% in the third quarter). Group profit before taxation- adjusted of €452 .1 million, -4.6%. In terms of key …

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Results Presentation Full Year Ended 31 December 2023

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3 >Best-in-class organic sales growth (+10.5%) in FY2023 (+10.6% in Q4) • solid brand momentum driven by aperitifs, tequila and bourbon, continuing in Q4 • sustained and …

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Campari To ‘accelerate Streamlining’ After Q3 Sales Falter

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Oct 30, 2024 · Italy was down by 7% in Q3, while Germany fell by 6.2%, with the group citing Aperol, Sarti Rosa and Ouzo 12 as strong performers. France fell by 2.7% and the UK by 8%.

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Campari Group Shares Tumble As Q3 Results Miss Expectations

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Oct 30, 2024 · In the three months ended 30 September, Campari’s net sales were up 1.4% on a reported basis but declined 1.4% organically to €753.6m ($816.3m), markedly missing …

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Campari Celebrates Third Year Of Double-digit Growth

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Feb 28, 2024 · Aperol maker Campari Group has reported organic net sales growth of 10.5% for 2023, driven by apéritifs and Tequila. Aperol’s sales soared by nearly a quarter (23.1%) last year

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Campari Earnings: Signs Of A Slowdown, Yet Still ... - Morningstar

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Oct 29, 2024 · Third-quarter revenue increased 1% year over year to EUR 754 million. Sales in the Americas segment was up 1% year over year, where Espolon tequila, Aperol, and …

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Campari Q3 Sales Miss Analysts Expectations | ESM Magazine

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Oct 26, 2023 · Campari's shares were down 11.3% at 10:05 GMT. A Milan-based trader said that quarterly sales missed the estimates and that the margins outlook was confirmed when some …

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Campari Warns Of ‘temporary Headwinds’ In Half-year Results

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Jul 30, 2024 · Net sales were €1.523.4m for the half year, which was up 3.8% organically. Group net profit was at €219.7 million, up 1.3%. Sales in the Americas, which is 45% of total group …

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Campari Turns To Industry Veteran After Bumpy 2024 - Yahoo Finance

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Dec 9, 2024 · For all Campari’s growth in recent years, 2024 has proven tougher and the news of Hunt’s appointment gave a boost to the company’s share price, which climbed more than 5% …

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FAQs about Year-to-date stays positive for Campari Group but Q3 turns red ... Coupon?

How did Campari perform in 2023?

In the first six months of 2023, the Milan-based group’s sales grew by 14.2%. Campari attributed the group’s positive full-year performance to ‘solid brand momentum’, led by double-digit gains for apéritif brands Aperol and Campari, and Espolòn Tequila. ...

Why did Campari sell 9 months?

Campari said its nine-month sales were hit by "a combination of concomitant factors". In the US, the group reported “persisting challenges in selected categories”, It also pointed to the “extraordinary impact” of a hurricane in Jamaica. ...

Why did Campari Group's shares fall?

Italian spirits heavyweight Campari Group saw its shares slide today (30 October) after a set of third-quarter results that missed market expectations. Alongside the results, the Aperol maker set out plans to reduce costs and indicated it is looking to offload brands. The company’s shares had dropped 14.58% to €6.63 at 09:59 GMT. ...

How did Campari perform in the third quarter?

The multiple of net financial debt to adjusted EBITDA on a rolling basis was 2.6 times as of Sept. 30, compared to 2.4 times as of Dec. 31, 2022. As for the third quarter, Campari reported net sales of EUR743.5 million from EUR748.8 million and the slight decrease of 0.7 percent compared to the same period in 2022. ...

How will Campari Group continue its transformational growth journey?

Matteo Fantacchiotti, deputy CEO, added: “We will continue our transformational growth journey, leveraging Campari Group’s key strategic pillars, combining organic and M&A [mergers and acquisitions] growth, geographic and portfolio expansion, and balancing growth with returns.” Related news ...

How did Aperol & Campari perform in Q4?

The group’s ‘global priority’ brands rose by 10.8%. Aperol soared by nearly a quarter (23.1%), driven by markets such as Italy, Germany, the US, France and the UK. The company said the brand’s Q4 performance was particularly strong (up by 22.3%). Campari rose by 10.7%, boosted by Italy, the US, Brazil and Germany. ...