Campari closes the first half of 2012 with positive results also thanks to the new American market, in line with expectations.
The Campari share in the Bborsa moves to the highest: the shares rise by 2,81% to 5,655 euros per share, testing the intrady top at 5,675 euros, after the company had announced that revenues grew in the first part of the year by 5% to 618,3 million (619 million was expected) and net income by 3,5% to 77,9 million (78,8 million was expected).
The greatest contribution of these positive data is given to the Americas market (equal to 33,7% of total sales).
Sales recorded an overall growth of 9,6%, only those in the United States recorded a sales increase of 13,2%.
Again in America, but in Brazil sales suffered a drop of 14,2%; on the other hand, sales in the rest of the Americas recorded a 17,6% increase.
Campari sales in Italy are much more modest: they are around 34,4% of the total but recorded an increase of 1,4%
On the other hand, the percentages of sales in the rest of Europe (22,2 of the total) were negative: in fact, they marked a drop of 2,1%.
On the other hand, Ebitda is also growing to 159,3 million (up 4,8%) and Ebit to 143,8 million (up 5%) with net financial debt up to 655,7 .636,6 million (it was 31 million as of December 2011, XNUMX).
For the second half of the year, says CEO Bob Kunze-Concewitz, we should not expect any improvement in the economic scenario in the most critical markets, "our forecasts remain oriented towards cautious optimism in a balanced context in terms of risks and opportunities". In particular, however, the performance in Italy and South America will be offset by revenues in the most dynamic regions such as North America, Asia-Pacific, Russia and Germany.
