Campari Q1 Adj Group Profit Before Taxation Up To EUR 147.3 Mln
May 7 (Reuters) -Davide Campari Milano NV CPRI.MI:
Q1 NET SALES EUR 663.5 MILLION VERSUS EUR 667.9 MILLION YEAR AGO
Q1 ADJUSTED EBIT EUR 151.5 MILLION VERSUS EUR 159.3 MILLION YEAR AGO
Q1 NET SALES EUR 663.5 MILLION, +0.2% YEAR/YEAR ON ORGANIC BASIS
Q1 ADJUSTED GROUP PROFIT BEFORE TAXATION EUR 147.3 MILLION VERSUS EUR 139.2 MILLION YEAR AGO
IN MEDIUM-TERM, REMAINS CONFIDENT IN CONTINUED HEALTHY BRAND MOMENTUM IN KEY BRAND-MARKET COMBINATIONS AS WELL AS INDUSTRY OUTPERFORMANCE
Q1 ADJUSTED EBIT -2.3% YEAR/YEAR ON ORGANIC BASIS
NET FINANCIAL DEBT OF EUR 1.32 BILLION AS OF MARCH 31, 2024
SHARES ARE UP 4.4% FOLLOWING Q1 RESULTS
SEES IN MEDIUM-TERM CONSISTENT OPERATING MARGIN EXPANSION DRIVEN BY SALES MIX, PRICING, INPUT COST INFLATION EASING, OPERATIONAL EFFICIENCIES
Further company coverage: CPRI.MI
(Gdansk Newsroom)
</body></html>Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
