Campari Ends ’24 Up 2.4%, Expects ’25 to be a “Transition Year”

Dear Client: Campari Group ended its fiscal year with global organic sales up 2.4% despite a challenging backdrop.  "As all of you know, 2024 was a tough year marked by significant macroeconomic and geopolitical volatility, some of which remain today…leading to an impact on consumption patterns as well as significant destocking across the trade," said newly-appointed Campari chief Simon Hunt on this afternoon's earnings call. "But despite this, we delivered positive results" with "ongoing outperformance versus the sector."  Simon noted