ROME (dpa-AFX) - Davide Campari-Milano N.V. (CPR.MI, DVDCY.PK) on Wednesday reported an increase in sales for the third quarter and nine-month period, supported by strong demand for aperitifs and tequila and growth across most regions. Looking forward, the company reaffirmed its full-year 2026 outlook, targeting organic sales growth of approximately 3%.
Net sales for the third quarter increased 3.2% on a reported basis to €777 million from €753 million a year earlier. Organic sales growth was 3.4%.
For the first nine months of 2026, net sales rose 0.4% to €2.29 billion, reflecting organic growth of 2.9%.
The House of Aperitifs led growth, with nine-month organic sales increasing 6.7%. The House of Agave recorded growth of 6.5%, while the House of Whiskey and Rum declined 10%.
Regionally, developing markets grew 9.3% organically, followed by Europe at 3.8% and North America at 1.0%. Asia-Pacific and Global Travel Retail declined 0.4%.
Campari confirmed its expectation of organic adjusted EBIT margin improvement for 2026.
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