ITALY: Gruppo Campari silent on financing talk

By | 17 September 2009

Gruppo Campari has declined to comment on a report claiming it may issue a bond of between EUR350m and EUR500m (US$736m).

A report in Italy's La Stampa newspaper claimed yesterday (16 September) that Campari was considering launching a bond.

A Campari spokesperson told just-drinks that the group "does not comment on market rumours".

Last month, Campari reported half-year net profits boosted by lower spend on advertising and promotion, but sales were hit by destocking in key markets.

To read the just-drinks interview with Campari CEO Bob Kunze-Concewitz, click here.

Sectors: Spirits

Companies: Campari, Bob Kunze-Concewitz

View next/previous articles

Currently reading -

ITALY: Gruppo Campari silent on financing talk

There are currently no comments on this article

Be the first to comment on this article

Related articles

The just-drinks Interview - Pernod Ricard's MD of Finance

Late last month, Gilles Bogaert, the recently-appointed managing director of finance - CFO, if you will - for Pernod Ricard came to the UK to look over the company's most recent set of figures. While in the country, Olly Wehring took the opportunity to grill Bogaert about the last six months for Pernod, how the downturn has affected the company, and what Pernod would do if - when? - the bargains come knocking.

US: CEDC swings to FY profits, lowers 2010 guidance

Central European Distribution Corporation has reported a return to profits for its 2009 full-year, but the drinks group has lowered sales and earnings guidance for 2010.

ITALY/US: Gruppo Campari inks Skyy Vodka, Sex and the City deal

Gruppo Campari has announced a global marketing deal between its Skyy Spirits subsidiary and Warner Bros Entertainment.

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