(He points out that 18.3% refers in EBIT margin and not in Ebitda margin)
MILAN, August 4 (Reuters) – Campari achieved in the first half net profit to about 78 million, an increase of 36% compared to the same half of last year compared with a sales to 758 million equal to organic growth of 2.7%.
In a statement the CEO Bob Kunze-Concewitz confirmed the forecast of an improvement in operating margins for the year after the EBIT margin before non-recurring income and expenses amounted in the period to 18.3% from 18.1%.
“We believe that the improvement in the operating margin can be achieved gradually during the year,” he said.
Volatile title in the bag downstream of the publication of the results: quotes Campari has updated the minimum sitting of EUR 7.28 before recovering. At around 11.40 the prices they are negative by 0.7% and below the intraday highs in a market that moves back a generous percentage point.
For the full text of the statement released by the company, Reuters customers can click on
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