Davide Campari-Milano N.V. (58H.F)
| Previous close | 8.62 |
| Open | 8.70 |
| Bid | 8.75 x N/A |
| Ask | 8.88 x N/A |
| Day's range | 8.70 - 8.70 |
| 52-week range | 8.50 - 12.85 |
| Volume | |
| Avg. volume | 1,012 |
| Market cap | 10.601B |
| Beta (5Y monthly) | 0.55 |
| PE ratio (TTM) | 30.01 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.07 (0.75%) |
| Ex-dividend date | 22 Apr 2024 |
| 1y target est | N/A |
- Reuters
Chinese liquor makers endeavour to give Westerners a taste for baijiu
Makers of the Chinese liquor baijiu are reformulating the fiery grain liquid to appeal to a wider client base, including cocktail drinkers in New York, Los Angeles and London, as sales at home slow. While sales in China are still rising, top baijiu makers like Kweichow Moutai face far slower growth than in the past as younger generations increasingly opt for alternatives to the country's national liquor. Now, in a bid to find new pockets of growth, some major makers of the colourless liquor are starting to pitch it to Western consumers outside of China for the first time.
- Reuters
UPDATE 3-Campari has taste for more M&A after Courvoisier deal, new CEO says
Campari will seek further M&A opportunties after completing the buyout of French cognac house Courvoisier, the new head of the Italian drinks group said on Tuesday. The group completed the 1.22-billion euro ($1.3 billion)acquisition of Courvoisier last week, earlier than expected by analysts. It was the largest ever deal for Campari, whose brands include the Aperol aperitif, Espolon tequila and Wild Turkey whisky.
- Insider Monkey
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