Report
Fatma Agnès Hamdani

Campari : H1 2020 results underscore very good resilience of sales, which will likely improve further over H2

>H1 2020: good resilience of sales thanks to off-trade markets - Campari reported yesterday (intra-day) its Q2/H1 2020 results. Sales came in at € 408.5m (well ahead of expectations), reflecting an organic contraction of 15.9% (-14.6% reported). The decline was driven mainly by the marked impact of health protection measures in Italy (-39% in Q2) but it was significantly weaker than expected, in our view, due to 1/ the very strong showing from a number of off-trade ma...
Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Fatma Agnès Hamdani

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