Finance
Campari says U.S. tariffs impact not as bad as feared
Published by Global Banking & Finance Review®
Posted on October 29, 2025
2 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on October 29, 2025
2 min readLast updated: January 21, 2026
Campari reports U.S. tariffs impact less severe than feared, confirming full-year guidance with a 4.4% rise in net sales.
(Reuters) -Italian spirits maker Campari said on Wednesday that the impact of tariffs on its sales had not been as bad as feared and confirmed its full-year guidance while posting a 4.4% rise in comparable quarterly net sales.
The maker of Aperol continues to expect a moderate organic net sales growth and a "flattish organic trend" for its adjusted operating profit in 2025, now including an impact of around 15 million euros ($17.5 million) from US import tariffs.
The figure is lower than the upper end of its previously estimated range between 4 million and 45 million euros.
"We remain fully confident in the delivery of long-term sustainable growth and continuous financial deleverage," Campari chief executive Simon Hunt said in a statement. The group will update investors during a strategy day on November 6 and 7.
Its adjusted earnings before interest and taxation (EBIT) in the July-September period, the peak season for its popular aperitifs, stood in at 165.6 million euros, above a Visible Alpha analysts consensus of around 150 million euros.
($1 = 0.8575 euros)
(Reporting by Enrico Sciacovelli, editing by Matt Scuffham)
Net sales refer to the revenue generated from sales of goods or services after deducting returns, allowances, and discounts. It provides a clearer picture of a company's actual sales performance.
Adjusted operating profit is a measure of a company's profitability that excludes certain non-recurring items, providing a clearer view of ongoing operational performance.
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