Davide Campari-Milano NV (FRA:58H)
€ 5.544 -0.02 (-0.36%) Market Cap: 6.83 Bil Enterprise Value: 9.04 Bil PE Ratio: 33.01 PB Ratio: 1.80 GF Score: 79/100
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Half Year 2023 Davide Campari Milano NV Earnings Call Transcript

Jul 26, 2023 / 11:00AM GMT
Release Date Price: €12.35 (-2.26%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Campari Half Year 2023 Results Conference Call. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Bob Kunze-Concewitz, CEO of Campari. Please go ahead, sir.

Robert Kunze;Concewitz
Davide Campari-Milano N.V. - Executive MD, CEO & Executive Director

Thank you very much. And good afternoon, and a very warm welcome to all of you to our H1 conference call.

If you join me on Page #2, I will kick off as usual with the overview. I think as clearly demonstrated by the very positive first half results, our brand portfolio is clearly en route health and skewed to the most exciting categories in our industry. Organic sales grew by 14%, so very fast, and we continued growing double digit in Q2, 10.1%. The solid brand momentum continued, as I said, in the second quarter, driven in particular by the usual suspects, aperitifs, tequila and premium bourbon and it must also be said that all of those categories were

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