James Wilmore

Analysis - Gruppo Campari faces "transitional" year

By | 8 March 2013

Campari reported a slight dip in full-year profits

Campari reported a slight dip in full-year profits

Gruppo Campari is set for a “transitional” year as it invests in its global infrastructure but this could pressurise short-term margins, according to an analyst.

The Italian group yesterday (7 March) reported a 1.6% dip in full-year net profits, as sales rose by 5.2%. Analyst Nomura said the medium-term outlook for growth is “attractive” for the group.

In a note today, the analyst added: “We view 2013 as a transitional year with investment behind global infrastructure, for example Scotland and the US, as well as supply chain and commercial efficiency projects. 

“This will put some pressure on margins in the short term; however, longer term, we think it should lead to greater efficiencies and stronger execution.” 

Nomura said it views Campari as an “active consolidator” in the medium term. However, in the short-term, it said it expects the company to focus on integrating the Appleton rum business. 

Nomura added: “We would use share price weakness as an opportunity to buy into what we consider Campari’s attractive medium-term growth story.”

Expert analysis

Spirits in Emerging Europe to 2015: Market Guide

Synopsis Canadean’s, "Spirits in Emerging Europe to 2015: Market Guide" provides in-depth detail on the trends and drivers of the Spirits market in Emerging Europe. The report includes quantitative information (historic and forecast market values). The report provides data, analyses and opinion to help companies in the Alcoholic Drinks industry better understand the changes in their environment, seize opportunities and formulate crucial business strategies. Summary This report is the result of Canadean’s extensive market research covering the Spirits market in Emerging Europe. The report provides a top-level overview and detailed insight into the operating environment for the Spirits market in Emerging Europe. It is an essential tool for companies active across the Alcoholic Drinks value chain and for new players that are considering entering the market. Scope • Overview of the Spirits market in Emerging Europe. • Analysis of the Spirits market and its categories (where applicable), including full year 2010 consumption value and forecasts until 2015 • Historic and forecast consumption values for Spirits for the period 2005 through to 2015 Reasons To Buy • The report provides you with important figures for the Spirits market in Emerging Europe with individual country analysis. • The report will help you to identify trends by analyzing historical industry data. • The report will help you analyze the market with detailed historic and forecast market values, segmented at category level (where applicable). • The report will help you to enhance your knowledge of the market with key figures on consumption value and segmentation by category for the historic period. • The report will help you to plan future business decisions using forecast figures for the market. Key Highlights NA

Sectors: Spirits

Companies: Campari

View next/previous articles

Currently reading -

Analysis - Gruppo Campari faces "transitional" year

8 Mar 2013 -

just the Research

There are currently no comments on this article

Be the first to comment on this article

Related research

Campari Milano SpA, Davide in Soft Drinks (Italy)

Campari Milano SpA's main strategy will be focusing on its alcoholic drinks operations, while soft drinks remained a key area for the company to maintain a presence in both the on- and off-trade channels. The company is likely to invest on its Lemons...

Carbonated Soft Drinks in Italy

Carbonated Soft Drinks in Italy industry profile provides top-line qualitative and quantitative summary information including: market size (value 2007-11, and forecast to 2016). The profile also contains descriptions of the leading players including ...

Related articles

Product Launch - US: Gruppo Campari's Wild Turkey Spiced

Gruppo Campari has launched a spiced version of its Wild Turkey Bourbon, which it claims is a more "macho" spirit targeted at male consumers.

Product Launch - US: Gruppo Campari's X-Rated Fusion Tropix

Gruppo Campari has launched a new flavour in its X-Rated Fusion portfolio that targets female consumers.

GLOBAL: Pernod Ricard remains open to brand sell-offs

Pernod Ricard has said that its spate of brand divestments in recent years is not part of a broader sell-off strategy but has admitted to owning a "long tail"of non-core brands.

Read more on this hot issue

Round-Up - Gruppo Campari's Full-Year Results 2012

In early-March, Gruppo Campari reported its full-year results for 2012. Here is a round-up of just-drinks' coverage of the numbers.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page