ITALY: Gruppo Campari silent on financing talk
By just-drinks.com editorial team | 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
17 Sep 2009 -
17 Sep 2009 -
Currently reading -
ITALY: Gruppo Campari silent on financing talk
16 Sep 2009 -
16 Sep 2009 -
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.
There are currently no comments on this article
Be the first to comment on this article