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CPR - Davide Campari Milano NV News Story

€11.14 -0.3  -2.3%

Last Trade - 24/01/22

Sector
Consumer Defensives
Size
Large Cap
Market Cap £16.87bn
Enterprise Value £17.67bn
Revenue £1.68bn
Position in Universe 21st / 737

BRIEF-Campari 9-Mth Sales Up 27.3% On Organic Basis

Tue 26th October, 2021 10:09am
Oct 26 (Reuters) - Davide Campari Milano NV  CPRI.MI :
    * 9-MONTH NET SALES OF €1,575.7 MILLION, +27.3% ORGANIC GROWTH
    * 9-MONTH EBIT-ADJUSTED OF €359.8 MILLION, +54.2% ORGANIC CHANGE
    * 9-MONTH GROSS PROFIT EUR 961.2 MILLION VERSUS EUR 761.5 YEAR AGO
    * 9-MONTH GROUP PROFIT BEFORE TAXATION ADJUSTED OF €343.3 MILLION, UP +56.1%
    * NET SALES ORGANIC GROWTH IN Q3, UP +12.8%; GROWTH OF +27.3% VERSUS Q3 OF 2019
    * CURRENCY OUTLOOK IS NOT EXPECTED TO MATERIALLY WORSEN
    * PERIMETER IS EXPECTED TO REMAIN BROADLY UNCHANGED ON A FULL YEAR BASIS VERSUS. PREVIOUS
GUIDANCE
    * APEROL GREW +33.2% VERSUS. THE FIRST NINE MONTHS OF 2019 WITH POSITIVE GROWTH ACROSS ALL
CORE
MARKETS
    * CEO SAYS UNCERTAINTY REMAINS DUE TO PANDEMIC AND ITS EFFECTS SUCH AS LOGISTIC CONSTRAINTS
AND
HIGHER INPUT COST PRESSURE

Further company coverage:  CPRI.MI 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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