date:Aug 07, 2013
Italian drinks maker Campari expects business to improve gradually in the second half of this year after a regulatory change and one-off restructuring charges hit earnings in the first six months.
The maker of the bitter red aperitif of the same name grew in its key markets in North America, Russia and Argentina, while other developed markets, particularly in crisis-hit Europe, had either stabilised or improved.
This means that with the exception of Brazil, we expect to either remain stable or