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Campari: useful goods (+11,5%) and sales (+11,9%) in the first nine months of 2011

Positive results for the beverage company, which recorded an increase in sales after the acquisitions in Russia and Brazil. In particular, the market of the Eastern European country is considered to have high potential. EBITDA rose by 13,3% to 232,7 million.

Campari: useful goods (+11,5%) and sales (+11,9%) in the first nine months of 2011

Very good quarter for Campari, which closes the first nine months of the current year with a significant growth in both sales and profits. The latter improve by 11,5% to 174 million euros, while sales by 11,9%, with almost 890 million.

EBITDA rose by 13,3% to 232,7 million, while net financial debt at September 30th was equal to 659,1 million compared with 677 million euros at December 31st 2010 after two acquisitions in Russia and Brazil.

“For the remaining part of the year – he comments Chief Executive Officer Bob Kunze-Concewitz – We expect our key product-to-market combinations to continue to deliver positive results. We will continue to invest in strengthening our distribution platforms, particularly in Russia, a market with high potential for us. We remain optimistic – she concludes – regarding the medium-long term potential of our main growth drivers ”.

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