Gruppo Campari Presentation 2015
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Press Release
271KB
august 04, 2015 - Campari
Gruppo Campari: Positive first half 2015 results across all performance indicators Organic growth and favourable sales mix driven by 5 Global Priorities and core developed markets
FIRST HALF 2015 RESULTS HIGHLIGHTS
• Sales: € 757.9 million (+10.5%, organic growth +2.7%)
• Contribution after A&P: € 287.3 million (+13.2%, organic growth +3.9%, 37.9% of sales)
• EBITDA pre one-off’s: € 161.7 million (+13.0%, organic change +3.3%, 21.3% of sales)
• EBIT pre one-off’s: € 138.7 million (+11.5%, organic change +2.5%, +18.3% of sales)
• Group net profit: € 77.9 million (+36.0%)
• Adjusted Group net profit1 of € 70.6 million (+18.4%)
• Net financial debt: € 1,010.2 million (€ 978.5 million as of 31 December 2014)
Milan, August 4, 2015-The Board of Directors of Davide Campari-Milano S.p.A. (Reuters CPRI.MI-Bloomberg CPR IM) approved the consolidated results for the first half year ended 30 June 2015. Bob Kunze-Concewitz, Chief Executive Officer: ‘We achieved positive growth across all performance indicators in the first half of 2015. In particular, the positive organic growth and the favourable mix was driven by the 5 Global priorities, which grew +5.8% in sales in the first half and gained traction in the second quarter, as well as the core developed markets. The positive results in terms of organic growth and the margin accretion were achieved despite a very tough comp base in 2014 and the negative effect of the noncore Sugar business in Jamaica, affected by the poor weather conditions. Looking forward, we are on track to achieve a positive full year performance. We expect a positive performance of the key brand-market combinations and the full margin accretion to come throughout the year. Overall we expect risks and opportunities to be evenly balanced for the remainder of the year.’.
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