Italian liqueur group Campari has revealed its third quarter like-for-like sales rose 4.4%, below analyst expectations, due to a very tough comparison base (Q3 2022: +18.6%) and unfavourable weather conditions in Europe.
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The UK has been trading positively showing a “solid performance” with sales up 42.5% for the first nine months of 2021, Campari Group has revealed.
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Gruppo Campari has reported strong organic sales growth of 6.9% for the nine months to 30 September.
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The apertivo movement continued to spread across Europe and the rest of the world in the first half of 2019, according to Campari’s latest results.
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The demand for Italian aperitifs is still going strong, after sales of Aperol jumped 56% in the UK last year.
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Campari’s stable of brands continue to drive “sustainable growth” for the group, including Aperol and Campari, where sales rose in the UK during the first three months of the year.
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