Campari's share price on the Milan
stock exchange dropped by 13% at 6.75 euros per share in early
trading Wednesday after the Italian spirits maker presented
disappointing third-quarter results and 2024 forecasts when
markets closed on Tuesday.
Campari fell short of forecasts with an 18.2% drop in
third-trimester operating profit.
It also warned that its fourth-quarter results would be affected
by lower production volume and sales.
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