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Davide Campari Milano SpA (CPRI.MI)

CPRI.MI on Milan Stock Exchange

8.76EUR
14 Jun 2019
Change (% chg)

€-0.03 (-0.28%)
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Latest Key Developments (Source: Significant Developments)

Campari sees higher advertising and promotion costs in Q2, Q3
Tuesday, 7 May 2019 08:00am EDT 

May 7 (Reuters) - Highlights from Davide Campari's analyst call on Q1 results: :CAMPARI CEO SEES HIKE IN ADVERTISING & PROMOTION EXPENSES IN Q2 AND Q3.CAMPARI CFO EXPECTS AGAVE PRICE TO HAVE NO EFFECT ON GROSS PROFIT IN 2019.CAMPARI CEO SAYS UNDERLYING SALES GROWTH RATE FOR GRAND MARNIER REMAINS LOW TO MID-SINGLE DIGIT, HIGHER Q1 GROWTH DUE TO SHIPMENTS.CAMPARI CFO DOES NOT EXPECT PATENT BOX SCHEME TO BE RENEWED BY ITALIAN GOVERNMENT.CAMPARI CEO EXPECTS SALES OF SKYY VODKA TO BE "FLATTISH" THIS YEAR.CAMPARI CFO DOES NOT EXPECT ANY DRIFT IN SG&A EXPENSES IN RELATION TO SALES IN 2019.  Full Article

Campari Q1 Adj. EBIT At EUR 72.4 Mln
Tuesday, 7 May 2019 05:11am EDT 

May 7 (Reuters) - Davide Campari Milano SpA ::CAMPARI SAYS Q1 SALES 370.1 MILLION EUROS.CAMPARI SAYS Q1 SALES UP 9.6 PERCENT ON ORGANIC BASIS.CAMPARI SAYS Q1 ADJUSTED EBIT 72.4 MILLION EUROS.CAMPARI SAYS Q1 ADJUSTED EBIT MARGIN UP 100 BASIS POINTS.CAMPARI SAYS Q1 GROSS PROFIT 223.8 MILLION EUROS.CAMPARI CEO SAYS LOOKING INTO THE FULL YEAR THE OUTLOOK REMAINS UNCHANGED AGAINST THE PREVIOUS ANNOUNCEMENT.  Full Article

Campari CEO does not plan radical changes to Aperol price policy
Tuesday, 6 Nov 2018 08:09am EST 

Nov 6 (Reuters) - Campari CEO tells an analysts' conference call::SKYY VODKA PERFORMANCE TO BE IMPACTED BY DE-STOCKING FOR 9 MONTHS.DOES NOT SEE OPPORTUNITY TO MAKE RADICAL CHANGES TO PRICE POLICY FOR APEROL.  Full Article

Campari says organic sales up 8.9 pct in Q3
Tuesday, 6 Nov 2018 05:28am EST 

Nov 6 (Reuters) - Campari says in results presentation slides::ORGANIC SALES UP 8.9 PERCENT YEAR-ON-YEAR IN Q3.GRAND MARNIER ORGANIC SALES UP 0.7 PERCENT IN FIRST 9 MONTHS, DOWN 15.2 PERCENT IN Q3.POTENTIAL UPSIDE FROM A LESS ADVERSE FOREX IMPACT TO BE REINVESTED IN ADVERTISING.  Full Article

Campari 9-Mth Sales 1.20 Bln Euros, Up 6.6 Pct On Organic Basis
Tuesday, 6 Nov 2018 05:01am EST 

Nov 6 (Reuters) - Davide Campari Milano SpA ::SAYS 9-MONTH SALES 1.20 BILLION EUROS.SAYS 9-MONTH SALES UP 6.6 PERCENT ON ORGANIC BASIS.SAYS 9-MONTH GROSS PROFIT 731.8 MILLION EUROS.SAYS 9-MONTH ADJUSTED. EBIT €259.2 MILLION EUROS.CEO SAYS FAVOURABLE SALES MIX CONTINUED TO DRIVE GROWTH OF PROFITABILITY AND MARGIN EXPANSION.CEO SAYS FAVOURABLE SALES MIX HELPED COMPENSATE EXPECTED ADVERSE FOREX EFFECT AS WELL AS IMPACT FROM DIVESTMENTS OF NON-CORE BUSINESSES.CEO SAYS WE REMAIN CONFIDENT IN ACHIEVING A POSITIVE PERFORMANCE ACROSS KEY UNDERLYING BUSINESS INDICATORS IN THE YEAR.SAYS Q3 SALES 422.4 MILLION EUROS.SAYS 9-MONTH EBIT MARGIN 21.6 PERCENT.FOR REMAINDER OF THE YEAR SKYY WILL CONTINUE TO BE NEGATIVELY IMPACTED BY DESTOCKING IN THE U.S..  Full Article

Campari does not plan to sell more non-core assets soon - CEO
Tuesday, 27 Feb 2018 08:05am EST 

Feb 27 (Reuters) - Davide Campari Milano Spa ::CFO SAYS ON CONFERENCE CALL SEES GROSS MARGIN GROWING BY 60 BASIS POINTS IN 2018.CEO SAYS DOES NOT EXPECT TO SELL OFF MORE NON-CORE ASSETS SOON.  Full Article

Italy's Campari Q4 organic sales rise 6.6 pct in Q4 vs 3.2 pct in 2016
Tuesday, 27 Feb 2018 05:55am EST 

Feb 27 (Reuters) - Davide Campari Milano Spa says in slide presenting 2017 results::Q4 2017 ORGANIC SALES GROWTH 6.6 PERCENT VERSUS 3.2 PERCENT IN Q4 2016 .  Full Article

Campari FY Adj. EBIT 380.5 Mln Euros
Tuesday, 27 Feb 2018 05:26am EST 

Feb 27 (Reuters) - CAMPARI ::SAYS FY 2017 SALES OF €1,816.0 MILLION, +5.2% OVERALL.2017 ADJUSTED. EBIT 380.5 MILLION EUROS.2017 ADJUSTED. NET PROFIT 233.4 MILLION EUROS.SAYS PROPOSED FULL YEAR DIVIDEND INCREASE OF +11.1% TO €0.05 PER SHARE.WE REMAIN CONFIDENT IN ACHIEVING A POSITIVE PERFORMANCE ACROSS THE KEY INDICATORS INTO 2018.INTO 2018, OUTLOOK REMAINS FAIRLY BALANCED IN STILL UNCERTAIN MACROECONOMIC SCENARIO FOR SOME EMERGING MARKETS.BENEFIT FROM U.S. TAX REFORM IS ESTIMATED TO BECOME MORE MEANINGFUL AS OF 2019.FOREX IS ESTIMATED TO NEGATIVELY IMPACT NET SALES BY €(90) MILLION AND EBIT ADJUSTED BY €(24) MILLION IN FY 2018.  Full Article

Campari Acquires Bisquit Cognac For An Enterprise Value Of EUR 52.5 Mln
Wednesday, 20 Dec 2017 05:41am EST 

Dec 20 (Reuters) - Campari ::SAYS CAMPARI GROUP ACQUIRES BISQUIT COGNAC FOR AN ENTERPRISE VALUE OF € 52.5 MILLION.SAYS THE DEAL IS EXPECTED TO CLOSE DURING THE FIRST QUARTER OF 2018.  Full Article

Campari CEO hints at a pause in the sale of non-core assets
Tuesday, 7 Nov 2017 09:45am EST 

Nov 7 (Reuters) - Italian beverage group Campari::Chief Executive tells Reuters a pause in the group's sale of non-core assets "would not be wrong".CFO confirms guidance of flat organic margins in 2017.CEO sees Aperol brand sales growing at "nice double digit" rate in 2018..  Full Article