Davide Campari-Milano NV (OTCPK:DVCMY)
$ 5.955 -0.095 (-1.57%) Market Cap: 7.16 Bil Enterprise Value: 9.61 Bil PE Ratio: 31.68 PB Ratio: 1.79 GF Score: 80/100

Half Year 2024 Davide Campari Milano NV Earnings Call Transcript

Jul 30, 2024 / 11:00AM GMT
Release Date Price: $9.13 (-3.95%)
Operator

Welcome, and thank you for joining the Campari Group half-year 2024 results conference call. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Matteo Fantacchiotti, CEO of the Campari Group. Please go ahead, sir.

Matteo Fantacchiotti
Davide Campari Milano NV - Group Deputy Chief Executive Officer

Thank you very much. So good morning, good afternoon and evening, everyone, and thank you very much for your interest in joining us for today's call. I'm here in the room with our CFO and COO, Paolo Marchesini; and Chiara and our Investor Relations team.

Look, to me, we announced today a positive set of results, especially considering the current challenging industry context and broader macro context, which is still, as you know, quite volatile. We are braving the elements already in Q2 in Europe and tailwinds of inflation and yet we still outperform the market. We have solid brand momentum and growing brands in healthy categories.

So in a sea of flattish red negative signs, with positive growth with

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