The latest announcement is out from Compagnia dei Caraibi S.p.A. ( (IT:TIME) ).
Compagnia dei Caraibi reported a 12.4% decrease in consolidated revenues for the first quarter of 2025, attributed to a slowdown in consumption and the upcoming exit of Brown-Forman brands from its portfolio. Despite this, the company remains optimistic about its business model and is focusing on acquiring new brands for exclusive distribution to strengthen its core B2B and B2C operations. The Board of Directors also renewed the Supervisory Body for the 2025-2027 period, reinforcing its organizational structure.
More about Compagnia dei Caraibi S.p.A.
Compagnia dei Caraibi S.p.A. is a leading company based in Piedmont, Italy, specializing in the importation, development, brand building, and distribution of premium and over-premium spirits, wines, soft drinks, and Italian craft beers. The company operates internationally, with a presence in over 30 countries, and has a diverse portfolio of both exclusive third-party and proprietary brands. It has been listed on the stock exchange since July 2021 and is recognized for its commitment to ESG principles, having obtained B Corp® certification.
YTD Price Performance: -52.83%
Technical Sentiment Signal: Buy
Current Market Cap: €4.05M
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