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Campari Group starts 2024 on the level – results data

Olly Wehring
Last updated: 07/05/2024 at 12:11 PM
By Olly Wehring
7 May 2024
3 Min Read

Matteo Fantacchiotti has started his tenure at the helm of Campari Group with a flat sales performance in the first quarter of this year.


Bottle of Campari on a bar
  • Three-month sales to end of March come in flat – +0.2% – at EUR663.5m (US$714.6m)
  • Asia Pacific tumbles 20.2% while US sales stay static (-0.4%)
  • Espolòn tequila leads value growth figures at +13.2% with Grand Marnier, Aperol and Campari up between 6.3% and 7.9%
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Three-month sales to end of March come in flat - +0.2% - at EUR663.5m (US$714.6m)Asia Pacific tumbles 20.2% while US sales stay static (-0.4%)Espolòn tequila leads value growth figures at +13.2% with Grand Marnier, Aperol and Campari up between 6.3% and 7.9%While describing the year-on-year showing as "resilient", the brand owner also flagged a high comparison base - the same quarter last year leapt by almost 20% - driven primarily by a temporary phasing effect ahead of planned price increases later in 2023. Fantacchiotti, who took over as CEO from Bob Kunze-Concewitz last month, said that he

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  • AB InBev
  • Bacardi
  • Campari Group
  • Diageo
  • Moët Hennessy
  • Pernod Ricard
  • Proximo Spirits
  • Suntory Global Spirits
  • William Grant & Sons

TAGGED:Campari Group
Olly Wehring
ByOlly Wehring
Olly has been reporting on the beverage industry as a B2B journalist since 2003. He spent 18 years at Just Drinks, 16 of which as managing editor. Since joining Global Drinks Intel in 2022, he's interviewed the CEOs for brand owners including AB InBev, Campari Group, Carlsberg, Heineken and Suntory Global Spirits and has a bulging contacts book from across beverage alcohol worldwide.
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