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Davide Campari Milano SpA (CPRI.MI)

CPRI.MI on Milan Stock Exchange

6.61EUR
2:46pm BST
Change (% chg)

€-0.03 (-0.38%)
Prev Close
€6.63
Open
€6.62
Day's High
€6.67
Day's Low
€6.56
Volume
906,754
Avg. Vol
2,084,835
52-wk High
€7.91
52-wk Low
€5.67

Latest Key Developments (Source: Significant Developments)

Campari CEO says M&A pipeline softer but "you never know"
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Italy's Campari executives say at a post-results conference call::CEO SAYS PIPELINE FOR M&A IS SOFTER THAN USUAL BUT "YOU NEVER KNOW".EXEC SAYS BENEFIT FROM PATENT BOX SCHEME WILL BE 25 MILLION EUROS IN 2018.CFO SAYS COMPANY EXPECTS LESS NEGATIVE IMPACT FROM CURRENCY SWINGS IN H2, WILL INCREASE ADVERTISING SPENDING.CFO SAYS SEES GROSS MARGIN EXPANSION IN H2, BUT LESS STRONG THAN IN H1 DUE TO AGAVE PRICE INCREASE.CEO SAYS WORKING ON CRODINO EXPANSION TO MEET DEMAND FOR NON-ALCOHOLIC DRINKS.  Full Article

Campari Says H1 Sales Up 5.4 Pct On Organic Basis
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Davide Campari Milano SpA ::SAYS H1 SALES 778.2 MILLION EUROS VERSUS ANALYST CONSENSUS OF 766 MILLION EUROS.SAYS H1 GROUP NET PROFIT OF EUR 147.2 MILLION, +35.5%.SAYS H1 SALES UP 5.4 PERCENT ON ORGANIC BASIS.H1 EBITDA EUR 207.5 MILLION VERSUS EUR 186.8 MILLION YEAR AGO.CEO SAYS LOOKING INTO SECOND HALF OF YEAR, OUTLOOK REMAINS BROADLY BALANCED IN TERMS OF RISKS AND OPPORTUNITIES.CEO SAYS WE REMAIN CONFIDENT IN ACHIEVING POSITIVE PERFORMANCE ACROSS KEY UNDERLYING BUSINESS INDICATORS LOOKING INTO H2.  Full Article

Campari sees gross margins expanding despite rise of agave prices
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Italy's Campari says::GROSS PROFIT 471.9 MILLION EUROS, EQUAL TO 60.6 PERCENT ON SALES.SKYY VODKA BRAND WILL CONTINUE TO BE NEGATIVELY IMPACTED BY DESTOCKING IN U.S..SEES GROSS MARGIN EXPANDING DESPITE IMPACT OF ADVERSE AGAVE PRICE.  Full Article

Campari says yearly gross margin expansion of 120 bps to be "cruise speed"
Tuesday, 8 May 2018 

May 8 (Reuters) - Campari CFO Paolo Marchesini tells analysts at conference call::SEES YEARLY GROSS MARGIN EXPANSION OF 120 BPS AS "CRUISE SPEED" FOR NEXT YEARS.  Full Article

Campari Q1 Sales UP 2.2 Pct On Organic Basis
Tuesday, 8 May 2018 

May 8 (Reuters) - Davide Campari Milano SpA ::SAYS Q1 SALES 336.0 MILLION EUROS VERSUS 341 MILLION EUROS REUTERS SMARTESTIMATE.SAYS Q1 SALES UP 2.2 PERCENT ON ORGANIC BASIS.Q1 GROUP PRE-TAX PROFIT OF EUR 76.5 MILLION, +42.7%.CEO SAYS LOOKING INTO 2018, OUR OUTLOOK REMAINS FAIRLY UNCHANGED.CEO SAYS WE REMAIN CONFIDENT IN ACHIEVING POSITIVE PERFORMANCE ACROSS KEY UNDERLYING BUSINESS INDICATORS IN 2018.Q1 GROUP PRE-TAX PROFIT BENEFITS FROM CAPITAL GAIN FROM THE DISPOSAL OF THE LEMONSODA BUSINESS.  Full Article

Campari Acquires Bisquit Cognac For An Enterprise Value Of EUR 52.5 Mln
Wednesday, 20 Dec 2017 

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 

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

Campari says Q3 organic sales up 5.1 pct
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Davide Campari says in a presentation on results::Q3 organic sales up 5.1 percent .Net debt/Ebitda ratio 2.2 times as of Sept. 30, or 1.9 times including Lemonsoda business and real estate asset disposals.In Q3 organic sales of Grand Marnier up 11 percent, organic sales of Aperol up 15.2 percent.  Full Article

Italy - Factors to watch on Oct. 12

MILAN, Oct 12 The following factors could affect Italian markets on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA.