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Campari Ends Fiscal Year up 25.6% Despite Headwinds

Dear Client:  Grupo Campari ended its fiscal year with global net sales up 25.6%. The "double-digit organic sales growth was driven by continued strong and very healthy brand momentum, with overall increased consumption as well as penetration and consumer recruitment versus the pre-pandemic era," said chief Bob Kunze-Concewitz on this morning's earnings call.He adds the group also saw "strong top line performance" in Q4 "despite logistics constraints" and the "COVID fourth wave disruption, which impacted the on-premise particularly." Indeed, total

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