BREAKING NEWS

Campari organic sales rise 4.9% in third quarter as Aperol growth continues

Campari organic sales rise 4.9% in third quarter as Aperol growth continues
FILE PHOTO: Campari bottles are seen in a bar downtown Milan, Italy, September 4, 2018. Picture taken September 4, 2018. REUTERS/Stefano Rellandini -
Copyright
STEFANO RELLANDINI(Reuters)
Euronews logo
Text size Aa Aa

MILAN (Reuters) – Italian spirits group Campari <CPRI.MI> said on Tuesday its sales rose 4.9% on an organic basis in the third quarter as its aperitif Aperol continued to enjoy double digit growth.

The group expects the positive business momentum to be reflected in the whole 2019 despite trade tariffs imposed by the United States on some European spirits.

Shares in Campari extended gains after results and were up 2.3% following the group’s press release.

Organic sales strip out currency swings and any acquisitions or sales of assets.

(Reporting by Francesca Landini)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.
Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.