The Campari Group expects to maintain moderate sales growth for 2025.
DAVIDE CAMPARI-MILANO N V (Campari Group), parent company of J Wray & Nephew Limited, expects to deliver moderate organic net sales growth despite the passage of Hurricane Melissa in Jamaica.
This was the update provided by Campari’s Chief Executive Officer Simon Hunt on the company’s earnings call, which was held on October 29, one day after the passage of the hurricane. Jamaica was responsible for €147.1 million ($24.90 billion) or 4.8 per cent of Campari Group’s net sales which totalled €3.07 billion in 2024.
“In terms of this year, I want to be clear that we’ve already shipped a vast majority of the stuff that we need to close out the year out of Jamaica. And we’re sitting on healthy inventory positions to meet the demand.
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