Campari Group operating profit rises 5.4%

Italian spirits major Campari Group reported improved profitability and steady sales growth in 2025 despite a challenging global spirits market. Adjusted operating profit rose 5.4 percent during the year, supported by cost-cutting measures and improved margins, while net sales reached €3.05 billion ($3.55 billion). The company also reported group net profit-adjusted of €386 million, up 2.7 percent, while reported net profit jumped 71.7 percent to €346 million.

According to the company’s financial results, organic revenue grew 2.4 percent in 2025, broadly in line with market expectations. The growth came despite disruptions caused by hurricanes in Jamaica and the impact of tariffs in the United States. Excluding the hurricane impact, underlying organic growth would have reached about 3 percent.

The group said profitability benefited from improved gross margins and continued cost-containment initiatives, enabling increased reinvestment in brand building and marketing activities under its portfolio strategy. Organic growth was recorded across 24 countries and all brand houses, with strong sell-out performance and market share gains in most regions, particularly driven by the aperitif and tequila segments.

Chief Executive Officer Simon Hunt said the company navigated a complex operating environment while maintaining growth in both sales and profitability. He added that Campari expects continued underlying top-line growth and further improvement in profitability in 2026.

Regionally, the Americas, accounting for 44 percent of group sales, grew 2 percent during the year, while the U.S. market remained broadly flat amid a challenging environment. Jamaica posted 1 percent growth despite hurricane-related disruptions, while other regional markets recorded 8 percent growth driven by aperitifs in Brazil and product innovation in Argentina.

In Europe, the Middle East and Africa (EMEA), which contributes about half of the group’s sales, revenues rose 2 percent, supported by strong demand in the United Kingdom and France, although Germany faced a tougher market environment. Meanwhile, the Asia-Pacific region recorded 4 percent growth, led by Australia and supported by stable demand in markets such as China, Japan and New Zealand.

Campari’s portfolio includes globally recognised brands such as Aperol, Campari and SKYY Vodka.