Campari: share rises after a good end to 2024
(CercleFinance.com) - Campari shares rose sharply on Wednesday's trading on the Milan Stock Exchange after reporting better-than-expected organic growth in Q4.
The Italian spirits group generated organic sales growth of around 3.5% in the last three months of the year, compared with the consensus of 2.3%.
The year ends on a good note, with reassuring comments, but the guidance leaves points of uncertainty, however, Oddo BHF analysts said this morning.
For 2025, Campari has indicated that it is aiming for "moderate" organic growth, whereas the consensus is for a 4.1% increase in sales this year.
The outlook remains cautious, but visibility within the sector is penalised by the potential impact of customs surcharges and a volatile consumer environment, Stifel teams judged.
Unlike its rivals Diageo and Pernod Ricard, Campari also confirmed its medium-term forecasts, saying it was still expecting organic growth of 5% to 10%, which was welcomed by investors.
At around 3.45pm, the share price was up by almost 5%, back towards its annual highs.
Copyright (c) 2025 CercleFinance.com. All rights reserved.