MILAN, March 4 (Reuters) - Italian spirits group Campari CPRI.MI said on Wednesday its organic revenues rose 2.4% last year, despite a tough backdrop for the global spirits industry and hurricane‑related disruptions in Jamaica.
Net sales reached 3.05 billion euros ($3.55 billion), broadly in line with analysts’ expectations compiled by Visible Alpha.
Adjusted operating profit was up 5.4% in 2025, supported by cost‑cutting measures and despite the impact of U.S. tariffs, the maker of Aperol and Campari bitters said.
"Looking forward into 2026, on an organic basis, we expect continued pace of underlying topline growth and improvement in profitability", CEO Simon Hunt said in a statement.
Campari said it would focus on streamlining its portfolio, describing bolt-on acquisitions as less relevant for the moment.
Following the resignation of some board members, including former CEO Robert Kunze-Concewitz, two younger members of the Garavoglia family joined the board.
Campari said this marked "the start of a generational handover within Lagfin", the company’s main shareholder.
($1 = 0.8595 euros)
(Reporting by Elisa Anzolin, editing by Alvise Armellini)
((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))