Davide Campari-Milano NV (LTS:0ROY)
€ 10.1205 0 (0%) Market Cap: 11.97 Bil Enterprise Value: 13.58 Bil PE Ratio: 45.90 PB Ratio: 3.80 GF Score: 83/100
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Q3 2021 Davide Campari Milano NV Earnings Call Transcript

Oct 26, 2021 / 11:00AM GMT
Release Date Price: €10.12
Operator

Good afternoon. This is the chorus call conference operator. Welcome, and thank you for joining the Campari Group First 9 Months 2021 Results Conference Call. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Bob Kunze-Concewitz, CEO of the Campari Group.

Please go ahead, sir.

Robert Kunze;Concewitz
Davide Campari-Milano N.V. - Executive MD, CEO & Executive Director

Thank you. Good morning, and warm welcome to our 9 months call to everybody. If you have our presentation under your ride, I kindly ask you to move on to Page #3, where I'll kick off with key highlights as usual. As can be seen clearly highlighted in the chart, we have very strong business performance with double-digit growth across all of our indicators, both versus 2020 as well as 2019.

Looking at net sales on an organic basis in the first 9 months, they're up 27.3% versus last year, and this is driven by the bounce back -- the strong bounce back in the on-premise as well as the sustained home consumption. Versus 2019, we

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