Italian spirits and wine group Davide Campari-Milano has seen annual profits inch up over 3% in 2006.

Campari, which owns brands including Skyy vodka and Glen Grant Scotch whisky, today (20 March) reported a 3.6% rise in operating profit to EUR190.5m (US$253.2m) for 2006.

Stripping out one-off charges, Campari said operating profit had risen by 6.6% to EUR191.4m. Group sales leapt 15.1% to EUR932.4m.

Campari CEO Enzo Visone said: "The results we achieved were positive and in line with our objectives. Going forward, we remain confident on a positive performance of our business."

Campari's spirits portfolio, which accounts for over 70% of the company's turnover, saw sales leap 19.1%. The jump was driven by recent acquisitions, including the Glen Grant and Old Smuggler Scotch whiskies. Campari said first-time contributions from agency brands including Jack Daniel's in Italy had also boosted sales.

The company's wine business posted a 7.8% rise in turnover thanks to a mix of organic growth and the first-time contributions from the Teruzzi & Puthod wine stable.

Campari said its soft drinks sales inched up in 2006 with its Crodino brand seeing sales rise almost 2%.