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.