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Distillers & Wineries

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Campari 9-Mth Sales 1.20 Bln Euros, Up 6.6 Pct On Organic Basis

Tuesday, 6 Nov 2018

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..

Fevertree Says Non-Executive Deputy Chairman To Sell 1.5 Mln Shares In Co

Thursday, 22 Mar 2018

March 22 (Reuters) - Fevertree Drinks Plc ::PROPOSED PLACING OF SHARES IN FEVERTREE DRINKS PLC.‍HAS BEEN ADVISED BY CHARLES ROLLS THAT HE INTENDS TO SELL APPROXIMATELY 1,500,000 ORDINARY SHARES IN CO​.‍SALE VIA AN ACCELERATED BOOKBUILD PLACING TO INSTITUTIONAL INVESTORS​.‍PLACING SHARES REPRESENT APPROXIMATELY 1.3 PER CENT. OF ISSUED SHARE CAPITAL OF FEVER-TREE​.‍PLACING IS BEING MANAGED BY INVESTEC BANK PLC ACTING AS SOLE BOOKRUNNER​.‍COMPANY IS NOT A PARTY TO PLACING AND WILL NOT RECEIVE ANY PROCEEDS FROM PLACING​.‍BOOKS FOR PLACING WILL OPEN WITH IMMEDIATE EFFECT​.

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