Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Davide Campari-Milano N.V. is a leading Italian holding company, operating as the parent of Campari Group, specializing in the production and distribution of premium spirits, wines, and non-alcoholic beverages. Founded in 1860 by Gaspare Campari, it ranks as the sixth-largest player in the global premium spirits industry, managing over 50 iconic brands across categories like aperitifs (Aperol, Campari), vodkas (SKYY), whiskies (Wild Turkey, Appleton Estate), rums, tequilas, liqueurs (Grand Marnier), and wines (Cinzano), alongside non-alcoholic options such as Crodino. The company maintains 25 production sites worldwide and a distribution network reaching over 190 countries, with sales distributed across Europe/Middle East/Africa (47.7%), the Americas (45.2%), and Asia-Pacific (7.1%). Headquartered in Sesto San Giovanni, Italy, Davide Campari-Milano N.V. employs approximately 5,124 people and follows a traditional governance structure including a Board of Directors and Board of Statutory Auditors, guided by a Code of Ethics emphasizing transparency. As a subsidiary of Lagfin S.C.A., it plays a significant role in the beverages sector through organic growth and strategic acquisitions.
19.74% operating margin is respectable but not wide. ROIC at 6.63%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 0.6% YoY. The question is whether this is cyclical or a structural shift.
Net debt of €1.84B represents 4.8x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
€3.05B
▼ -0.6% YoY
Net Income (TTM)
€333M
▲ +72.9% YoY
Op. Margin
19.74%
▲ +5.1pp YoY
ROIC
6.63%
▲ +0.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€388M
▲ +84.6% YoY
Op. Cash Flow (TTM)
€626M
▲ +25.7% YoY
Net Debt
€1.84B
Cash & Equiv.
€717M
3Y CAGR: +4.2%
3Y CAGR: +149.2%
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