MILAN, March 4 (Reuters) - Italian spirits group Campari said on Wednesday its organic revenues rose 2.4% last year, despite a tough backdrop for the global spirits industry and hurricane‑related
Campari Sees 2.4% Organic Revenue Growth in 2025 Amid Tough Spirits Market
Campari's 2025 Financial Performance and Strategic Outlook
Revenue and Profit Highlights
MILAN, March 4 (Reuters) - Italian spirits group Campari 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.
Operating Profit and Cost-Cutting Measures
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.
Outlook for 2026
"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.
Strategic Initiatives and Leadership Changes
Portfolio Streamlining and Acquisition Strategy
Campari said it would focus on streamlining its portfolio, describing bolt-on acquisitions as less relevant for the moment.
Board Changes and Generational Handover
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.
Additional Information
($1 = 0.8595 euros)
(Reporting by Elisa Anzolin, editing by Alvise Armellini)
