Davide Campari-Milano Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,051	3,070	2,919	2,698	2,173
Revenue Growth (YoY)	-0.60%	5.18%	8.19%	24.16%	22.61%
Cost of Revenue	1,211	1,277	1,219	1,109	875.8
Gross Profit	1,840	1,792	1,700	1,589	1,297
Selling, General & Admin	1,328	1,400	1,160	1,077	915.7
Other Operating Expenses	-55.3	-	-	-	19.8
Total Operating Expenses	1,272	1,400	1,160	1,077	935.5
Operating Income	567.5	392.4	540.2	511.5	400.8
Interest Income	72.5	3.7	-	-	-
Interest Expense	-120.3	-115.8	-87.1	-45.1	-32
Other Non-Operating Income (Expense)	-59.4	-24.7	13.5	8.5	19.7
Total Non-Operating Income (Expense)	-107.2	-136.8	-73.6	-36.6	-12.3
Pretax Income	460.3	255.6	466.5	475	388.6
Provision for Income Taxes	-127.3	-63	-134	-143.5	-105.6
Net Income	346.3	201.6	330.5	333	284.8
Minority Interest in Earnings	-13.2	-9	2	-1.5	-1.8
Net Income to Common	346.3	201.6	330.5	333	284.8
Net Income Growth	71.78%	-39.00%	-0.75%	16.92%	51.57%
Shares Outstanding (Basic)	1,200	1,200	1,128	1,126	1,127
Shares Outstanding (Diluted)	1,259	1,251	1,139	1,140	1,146
Shares Change (YoY)	0.68%	9.79%	-0.09%	-0.53%	-0.86%
EPS (Basic)	0.29	0.17	0.29	0.30	0.25
EPS (Diluted)	0.29	0.17	0.29	0.29	0.25
EPS Growth	70.59%	-41.38%	-	16.00%	56.25%
Shares Outstanding	1,199	1,203	1,132	1,122	1,132
Free Cash Flow	388.3	210.4	-158.8	25.1	337.9
Free Cash Flow Growth	84.55%	-	-	-92.57%	74.72%
Free Cash Flow Per Share	0.31	0.17	-0.14	0.02	0.29
Dividends Per Share	0.100	0.065	0.065	0.060	0.060
Dividend Growth	53.85%	-	8.33%	-	9.09%
Gross Margin	60.31%	58.39%	58.25%	58.89%	59.69%
Operating Margin	18.60%	12.78%	18.51%	18.96%	18.45%
Profit Margin	10.92%	6.27%	11.39%	12.29%	13.03%
FCF Margin	12.73%	6.85%	-5.44%	0.93%	15.55%
EBITDA	715.8	520.1	650.4	602	480.5
EBITDA Margin	23.46%	16.94%	22.28%	22.32%	22.12%
EBIT	567.5	392.4	540.2	511.5	400.8
EBIT Margin	18.60%	12.78%	18.51%	18.96%	18.45%
Effective Tax Rate	-27.66%	-24.65%	-28.72%	-30.21%	-27.17%

Updated Feb 14, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.