Davide Campari-Milano NV Az nom Post Frazionamento
CPR: XMIL (ITA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Xd | LOCK|D? | LOCK|^TM&>! |
Campari’s Aperitif Dominance Has Enabled Sales Outperformance
Business Strategy and Outlook
Campari has benefited from industry trends over the last decade, namely the rise of aperitivo consumption outside of Europe and demand for lower alcohol-by-volume, or ABV, drinks. This is evidenced in the success of its aperitifs business in developed markets, with the share of Aperol doubling within the bitters category since 2015, according to Euromonitor.
