Davide Campari-Milano N.V. (0ROY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good evening. This is the Chorus Call conference operator. Welcome and thank you for joining the Campari Group First Quarter twenty twenty six Financial Results Conference Call. As a reminder, all participants are in listen only mode. After the presentation, there will be an opportunity to ask questions. Today's call will be hosted by Simon Hunt, Chief Executive Officer and Francesco Mele, Chief Financial Officer. At this time, I would like to turn the conference over to Mr. Hunt. Please go ahead, sir. Great. Thanks very much. Good afternoon, everyone, and thank you for joining us. Today, we're gonna go through our quarter one twenty twenty six net sales in this new format and also cover the outlook for the balance of the year. Francesco is here with me, and as always, our IR team is available after the call for any follow ups. So let's start with a summary. In our smallest quarter, we continue to gain share in almost all of our markets, and we recorded plus 2.9% organic growth in line with our full year expectations, and this reflects the resilience of our business and the effectiveness of our strategy. And we achieved this against a challenging operating backdrop that we continue to view as largely cyclical, including additional recent impacts like increasing gas prices and further economic pressure on consumers. A key indicator for us is the moving annual total growth covering a twelve month rolling period. As the chart shows, our performance has improved consistently over the last year, and we remain one of the only spirits companies delivering sustained growth in against this challenging backdrop. Now this growth is in fact fully aligned with our strategy that we announced at our CMD last year with five key drivers. First, sharper portfolio choices with fewer bi...