Campari announce solid growth in 2023


Campari announced solid positive half year accounts that also highlighted that solid brand momentum continued in the second quarter, with double-digit organic sales growth across all regions, with aperitifs, tequila and premium bourbon outperforming first half 2023-results.

Net sales were up 16% to €1,457.8m with Gross profit up 13.8% to €872.3m. In the UK, sales grew by +20.9% in, Campari say,  a tough market mainly driven by the continued positive trends in Aperol, Magnum Tonic, Campari and Wray&Nephew Overproof.

Bob Kunze-Concewitz, Chief Executive Officer said, ‘Looking at the remainder of 2023, we remain confident of the positive business momentum across key brand-market combinations, reflecting business seasonality and expected normalisation in volume growth, thanks to strong brand equity and continued strength in the on-premise.

“In the medium term, we remain confident of continuing to deliver strong organic topline and margin expansion leveraging mix improvement as well as input cost inflation normalisation.”


Category: News, Spirits
Tags: Bob Kunze-Concewitz, Camapri