Tag Archives: Campari

Global and regional priority brands lift Gruppo Campari’s nine months results

Italian spirits firm Gruppo Campari reported a €1.27bn in revenue for the nine months to the end of September, an 8.1% increase over the previous year.

The company behind brands such as Campari, Skyy vodka, Aperol, among others credits its sales growth to the performance of its high margin global and regional priority brands as well as a slightly positive exchange rate effect of 0.3%, driven by the progressive strengthening of the Euro against many of the group’s trading currencies.

The company said it also benefitted from the combined perimeter effect of the Grand Marnier acquisition in July 2016, the termination of some distribution agreements and the sale of non-core businesses.

Campari half-year results boosted by global priorities, positive exchange rate

Gruppo Campari, the Italian spirits group hailed its first-half results as sales grew 13.5% to €844.7m, helped by strong growth of high-margin global priorities and regional priority brands.

The maker of SKYY vodka and Wild Turkey bourbon said that it also benefitted from a positive exchange rate effect of 1.8% as many currencies it trades in increased in valuation. The company adds that the consolidation of the Grand Marnier acquisition in July 2016 helped boost sales as well as the termination of some distribution agreements and sale of non-core businesses.

Campari starts year with double-digit growth

Italian spirits group Gruppo Campari reported 15% revenue growth in the first quarter of 2017 (Jan – Mar) to €376.6m ($409.8m). The group attributed its good performance to strong organic growth of its global priority and regional priority brands, a positive exchange rate effect and a perimeter effect, driven by the Grand Marnier acquisition in July 2016, which contributed €32.5m to group sales. The gains from the Grand Marnier sales partially offset declines from termination of some distribution agreements and sale of non-core businesses.

Group Pre-tax profit rose 56.7% to €53.6m in the period.

Campari Nigeria honours Outstanding Distributors at Annual Award

Nigeria’s rising status as a premium market for spirits was celebrated in high style on Friday 31 March 2017, when Brian Munro Limited, sole distributor of Campari in Nigeria held its Annual Distributor Awards for the 2016 financial year.

The annual Campari Distributor Awards honours and compensates outstanding Distributors of the brand.

Campari Nigeria ambassador 2Baba kicked off the festivities with a scintillating rundown of his classic and latest hits before a select crowd of celebrities, marketers, customers and distributors alike at the Renaissance Hotel, GRA, Ikeja, Lagos, while TEE-A delivered his signature rib-cracking humour over the course of the evening, to the delight of the audience.

Currency headwinds and non-core asset disposals weigh on Gruppo Campari’s half-year results

Gruppo Campari said on Tuesday that the combined effect of currency headwinds, termination of distribution agreements and sale of non-core businesses led to decline in sales and profit in the first-half of 2016.

The maker of SkYY vodka, Aperol and Cynar among others reported 1.8% decline in revenue in the six-months ended June 30 to €743.9m, down from €757.9m in the same period last year.

The spirits maker said that group net profit fell 13.8% to €67.2m, down from €77.9m made in the preceding year.

Currency weaknesses take shine off Gruppo Campari’s first quarter 2016 revenue

Gruppo Campari, the Italian spirits maker, which operates in Nigeria through Brian Munro Limited, reported flat sales of €327.4m in the first quarter of 2016, although, excluding the effects of currency movements, organic growth would have been 7.2%

BML holds its Annual Campari Distributors Awards for 2015 as Shina Peters, others delight

Brian Munro Limited, a major distributor of wines and spirits in the country and sole distributor of Campari in Nigeria held its Annual Distributors Award for the year 2015 on Friday 8 April 2016.