A subpar performance with a miss on the top and bottom line which has come to punish Campari.
Q4 is expected to outpace Q3 organic sales growth but it came out with an organic diluted adjusted EBIT margin.
However, Campari maintained its FY 2023 view despite the current volatile macro-economic environment.
26 Oct 2023
A quarter with a hangover
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A quarter with a hangover
- Published:
26 Oct 2023 -
Author:
Davide Amorim -
Pages:
3
A subpar performance with a miss on the top and bottom line which has come to punish Campari.
Q4 is expected to outpace Q3 organic sales growth but it came out with an organic diluted adjusted EBIT margin.
However, Campari maintained its FY 2023 view despite the current volatile macro-economic environment.