DVDCF Stock Recent News

The company reported solid performance despite a challenging sector backdrop. Campari is streamlining its portfolio, reducing leverage, and focusing on core brands, with no major acquisitions planned and a clear path to EBIT margin expansion. Valuation upside remains as Campari outperforms sector peers.

Davide Campari-Milano N.V. (OTCPK:DVDCF) Q2 2025 Earnings Conference Call July 31, 2025 12:15 PM ET Company Participants Paolo Rinaldo Marchesini - Executive MD, Chief Financial & Operating Officer and Executive Director Simon Hunt - Chief Executive Officer Conference Call Participants Andrea Pistacchi - BofA Securities, Research Division Chris Pitcher - Redburn (Europe) Limited, Research Division Edward Brampton Mundy - Jefferies LLC, Research Division Gen Philip Cross - BNP Paribas Exane, Research Division Laurence Bruce Whyatt - Barclays Bank PLC, Research Division Mitchell John Collett - Deutsche Bank AG, Research Division Paola Carboni - Equita SIM S.p.A.

European Union wine and spirits producers could emerge among the few winners of a EU-U.S. trade deal agreed at the weekend that some European officials consider unbalanced.

The new EU-U.S. agreement, secured by President Donald Trump in Scotland, imposes a 15% tariff on most European goods but does not outline a tariff for the wine and spirits industry.

Italian spirits group Campari has agreed to sell its Cinzano vermouth and Frattina grappa brands to domestic rival Caffo Group 1915 for 100 million euros ($117 million), it said on Thursday.

Davide Campari-Milano N.V. (OTCPK:DVDCF) Q1 2025 Earnings Conference Call May 8, 2025 ET Company Participants Simon Hunt - Chief Executive Officer Paolo Marchesini - Executive MD, Chief Financial & Operating Officer and Executive Director Conference Call Participants Andrea Pistacchi - Bank of America Sanjeet Aujla - UBS Mitch Collett - Deutsche Bank Simon Hales - Citi Richard Withagen - Kepler Cheuvreux Trevor Stirling - Bernstein Chris Pitcher - Redburn Atlantic Edward Mundy - Jefferies Operator Good evening.

Davide Campari's Q1 2025 results showed a 4.20% decline in net sales, exacerbated by non-recurring factors like an unfavorable calendar and US logistics delays. Management paused M&A activities to focus on deleveraging and optimizing core brands, aiming to save 200 basis points on revenues by 2027. Aperol and Campari struggled to grow, raising doubts about long-term growth despite their strong competitive advantage in the aperitif segment.

Davide Campari-Milano reported first-quarter sales that missed analysts' expectations at a rocky time for the beverage industry given global trade tensions and falling demand after a spike in alcohol consumption during the pandemic.

Richard Chamberlain, head of European consumer discretionary equity research at RBC, weighs in on the impact of tariffs on the retail sector.

CNBC's Joe Kernen reports on the latest news.