Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Italy
  4. Borsa Italiana
  5. Davide Campari-Milano N.V.
  6. News
  7. Summary
    CPR   NL0015435975

DAVIDE CAMPARI-MILANO N.V.

(CPR)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 09/28 03:59:55 pm
12.023 EUR   -0.72%
09/27DAVIDE CAMPARI MILANO N : Notification of share buyback
PU
09/20DAVIDE CAMPARI MILANO N : Notification of share buyback
PU
09/13DAVIDE CAMPARI MILANO N : Notification of share buyback
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Davide Campari Milano N : Half year financial report at 30 June 2021

07/27/2021 | 10:10am EDT

DAVIDE CAMPARI-MILANO N.V. HALF YEAR REPORT AT 30 JUNE 2021

1

Campari Group-Annual report at 31 December 2019

Intentionally blank page

1

Campari Group-Half year report at 30 June 2021

Index

About this report....................................................................................................................................................

5

Key highlights ........................................................................................................................................................

7

Corporate bodies ...................................................................................................................................................

9

Management report for the half year ending 30 June 2021.............................................................................

11

Updates on the coronavirus, Covid-19outbreak .........................................................................................

11

Main brand-buildingactivities........................................................................................................................

12

Significant events of the year ........................................................................................................................

16

Acquisitions and commercial agreements .....................................................................................................

16

Corporate actions ..........................................................................................................................................

16

Group significant events ................................................................................................................................

17

Subsequent events .........................................................................................................................................

18

Group Financial Review..................................................................................................................................

19

Sales performance.........................................................................................................................................

19

Statement of profit or loss..............................................................................................................................

27

Profitability by business area .........................................................................................................................

31

Operating working capital ..............................................................................................................................

33

Reclassified statement of cash flows.............................................................................................................

34

Net financial debt ...........................................................................................................................................

36

Reclassified statement of financial position...................................................................................................

37

Half year 2021 conclusion and outlook.........................................................................................................

39

Definitions and reconciliation of the Alternative Performance Measures (APMs or non- GAAP

measures) to GAAP measures.......................................................................................................................

40

Investor information........................................................................................................................................

46

Other information ............................................................................................................................................

49

Transactions with related parties ...................................................................................................................

49

Campari Group-Half year condensed consolidated financial statements at 30 June 2021 .........................

51

Responsibilities in respect of the half year condensed consolidated financial statets at 30 June 2021...

92

Independent auditor's report..............................................................................................................................

93

Disclaimer

This document was not made available to the public with a signed version, which is retained at the Group corporate office.

Index 3

Intentionally blank page

Relazione sulla Giestione 4

Campari Group-Half year report at 30 June 2021

About this report

Note on presentation

The interim condensed consolidated financial statements for the six months ended 30 June 2021 have been prepared in accordance with the International Accounting Standards ('IAS') 34-'Interim Financial Reporting'. The interim condensed consolidated financial statements do not include all the information and disclosures required in the annual financial statements and should be read in conjunction with the Group's annual consolidated financial statements at 31 December 2020. A specific additional information is provided in the notes of this report in the event of material changes with respect to what was disclosed in Group's annual consolidated financial statements at 31 December 2020.

Forward-looking statements

Campari Group's half year report contains forward-looking statements that reflect management's current view of the Group's future development. All statements other than statements of historical fact set forth in this half year report regarding Campari Group business strategy, for example future operations and businesses, future financial position, expected effective tax rate and anticipated tax liabilities, future payment of dividends, manner and timing of share repurchases, plans and objective of the management, are forward looking statements. In some cases, words such as 'may', 'will', 'expect', 'could', 'should', 'intend', 'estimate', 'anticipate', 'believe', 'outlook', 'continue', 'remain', 'on track', 'design', 'target', 'objective', 'goal', 'plan' and similar expressions are used to identify forward- looking statements that contain risks and uncertainties that are beyond the control of the Group and call for significant judgment. Should the underlying assumptions turn out to be incorrect or if the risks or opportunities described materialise, the actual results and developments may materially deviate (negatively or positively) from those expressed by such statements. The outlook is based on estimates that Campari Group has made on the basis of all the information available at the time of completion of this half year report.

The actual impact of Covid-19 and its associated operating environment may be materially different from management's expectations.

Campari Group does not assume any obligations or liability in respect of any inaccuracies in the forward-looking statements made in this half year report or for any use by any third party of such forward-looking statements. Campari Group does not assume any obligation to update any forward-looking statements made in this half year report beyond statutory disclosure requirements.

Information on the figures presented

All references in this half year report to 'Euro' and '€' refer to the currency introduced at the start of the third stage of European Economic and Monetary Union pursuant to the Treaty on the Functioning of the European Union.

For ease of reference, all the figures in this half year report are expressed in millions of Euros to one decimal place, whereas the original data is recorded and consolidated by the Group in Euros. Similarly, all percentages relating to changes between two periods or to percentages of net sales or other indicators are always calculated using the original data in Euro. The use of values expressed in millions of Euros may therefore result in apparent discrepancies in both absolute values and data expressed as a percentage.

For information on the definition of the alternative performance measures used, see paragraph 'Definitions and reconciliation of the Alternative Performance Measures (APMs or non-GAAP measures) to GAAP measures' in the dedicated paragraph of this half year report.

The language of this half year report is English. Certain legislative references and technical terms have been cited in their original language in order that the correct technical meaning may be ascribed to them under applicable law.

- Relazione finanziaria annuale al 31 dicembre 2019

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Davide Campari - Milano NV published this content on 27 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2021 14:09:03 UTC.


ę Publicnow 2021
All news about DAVIDE CAMPARI-MILANO N.V.
09/27DAVIDE CAMPARI MILANO N : Notification of share buyback
PU
09/20DAVIDE CAMPARI MILANO N : Notification of share buyback
PU
09/13DAVIDE CAMPARI MILANO N : Notification of share buyback
PU
09/06DAVIDE CAMPARI MILANO N : Notification of share buyback
PU
08/31EXCLUSIVE : Campari says imitation is flattery as Aperol faces challengers
RE
08/31DAVIDE CAMPARI MILANO N : Campari says imitation is flattery as Aperol faces challengers
RE
08/31DAVIDE CAMPARI MILANO N : Campari-Milano Expects Double-Digit Growth from Aperol, CEO Says
MT
08/31DAVIDE CAMPARI MILANO N : Terrazza aperol opens in venice
PU
08/30DAVIDE CAMPARI MILANO N : Notification of share buyback
PU
08/23DAVIDE CAMPARI MILANO N : Notification of share buyback
PU
More news
Analyst Recommendations on DAVIDE CAMPARI-MILANO N.V.
More recommendations
Financials
Sales 2021 2 103 M 2 456 M 2 456 M
Net income 2021 307 M 358 M 358 M
Net Debt 2021 983 M 1 148 M 1 148 M
P/E ratio 2021 45,0x
Yield 2021 0,51%
Capitalization 13 623 M 15 941 M 15 905 M
EV / Sales 2021 6,94x
EV / Sales 2022 6,39x
Nbr of Employees 4 000
Free-Float 27,4%
Chart DAVIDE CAMPARI-MILANO N.V.
Duration : Period :
Davide Campari-Milano N.V. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DAVIDE CAMPARI-MILANO N.V.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 23
Last Close Price 12,11 €
Average target price 11,73 €
Spread / Average Target -3,10%
EPS Revisions
Managers and Directors
Robert Kunze-Concewitz Chief Executive Officer & Executive Director
Paolo Rinaldo Marchesini Chief Financial Officer & Executive Director
Luca Garavoglia Chairman
Christopher Woods Head-Information Technology
Annalisa Loustau Elia Independent Non-Executive Director