Davide Campari-Milano NV Az nom Post Frazionamento

CPR: XMIL (ITA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Campari Earnings: Aperitif Demand Is Bright Spot Amid a Tough Spirits Market; Maintain Fair Value

Verushka Shetty

Mar 5, 2026

Campari’s 2025 results included broad-based organic revenue growth of 2.4% and adjusted EBIT margin expansion of 60 basis points. The company proposed a full-year dividend of EUR 0.10, implying a 35% payout ratio, up from EUR 0.065 in the prior-year period.

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Davide Campari-Milano NV Az nom Post Frazionamento

Campari Earnings: Aperitif Demand Is Bright Spot Amid a Tough Spirits Market; Maintain Fair Value

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