Davide Campari-Milano N.V. (0ROY) Q2 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 Half 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 Simon Hunt. Please go ahead. Great. Thanks very much. Good afternoon, everyone. A pleasure to be here with you again. I've got Francesco with me and of course, we have our IR team who will be available after the call for any follow-up. So let's get going with a summary of our first half results. Now I think it's important to start by stating that we are doing exactly what we said we would do, and we are growing in the important start to the peak season. In fact, we are the only listed spirits player now with five consecutive quarters of organic top line growth. Now overall in H1, we recorded plus 2.7% organic top line growth with Q2 at plus 2.5% despite a more difficult comparison base. At the same time, we continue to outperform and gain share across all of our key markets in sellout, especially on our priority brands. In fact, we are gaining share in 95% of our markets. Now I know you've all heard this a few times, but I think it's worth to reiterate our strategy that we shared at our CMD back in November, because that is exactly what we are doing. So first, we talked about sharper portfolio choices with fewer, bigger bets. We're doubling down on the key priority brands, and the results on the sellout are clear with solid share gains across regions and especially in the strategic on premise. Second, w...