The Italian wines and spirits group, Davide Campari Milano SpA, reported first-quarter pre-tax profits of €15.3m, up 5.9% from the corresponding period last year. EBITDA rose by 2.5% from €31m to €31.7m.

Consolidated net revenues also rose by 5.9% from €127.7m to €135.2m. The company said that spirits sales had risen by 14%, while wine sales, including fortified wines, fell by 2.8%.

On a regional basis, sales in Italy, which accounts for 53% of group sales, rose by 1.8%, while sales in Europe as a whole were up by 6.7%. Meanwhile, sales in the US rose by 28%, boosted by a new distribution licence for the tequila brand, 1800.