Campari's net sales rise 3.5% in second quarter

Davide Campari Milano NV

31/07/2025 17:04

MILAN, July 31 (Reuters) - Italian spirits group Campari CPRI.MI reported on Thursday a 3.5% organic increase in net sales in the second quarter, amid uncertainty about the impact of U.S. tariffs.

Adjusted operating profit rose by 2.9% organically in the same period.

The group said that the negative impact from U.S. tariffs is expected between a minimum of 4 million euros, assuming tariffs towards EU countries are lifted, and a maximum of 45 million euros ($51 million )before actions to offset the impact.

"Looking forward, we confirm that our previously provided guidance for 2025 remains our target, before the impact of U.S. tariffs, and the third quarter will be fundamental for clearer visibility," Campari Chief Executive Simon Hunt said in a statement.
 ($1 = 0.8749 euros)

 (Reporting by Elisa Anzolin
Editing by Keith Weir)

 ((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))