31-07-2025
Campari's net sales rise 3.5% in second quarter
MILAN, July 31 (Reuters) - Italian spirits group Campari ( opens new tab reported on Thursday a 3.5% organic increase in net sales in the second quarter, amid uncertainty about the impact of U.S. tariffs.
Adjusted operating profit rose by 2.9% organically in the same period.
The group said that the negative impact from U.S. tariffs is expected between a minimum of 4 million euros, assuming tariffs towards EU countries are lifted, and a maximum of 45 million euros ($51 million )before actions to offset the impact.
"Looking forward, we confirm that our previously provided guidance for 2025 remains our target, before the impact of U.S. tariffs, and the third quarter will be fundamental for clearer visibility," Campari Chief Executive Simon Hunt said in a statement.
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