India, July 29 -- Davide Campari-Milano N.V. (DVDCY.PK,DVDCF.OB,CPR.MI) on Wednesday reported a drop in profit for the first half of 2026. Meanwhile, organic sales and adjusted operating profit increased. The company also raised its full-year adjusted EBIT margin outlook, citing a more favorable tariff environment.
Net profit for the period was 129 million euros, down from 206 million euros last year.
For the first six months of 2026, net sales declined 1.0% on a reported basis to 1.51 billion euros from 1.53 billion euros a year earlier, reflecting the impact of portfolio disposals and foreign exchange movements. On an organic basis, net sales increased 2.7%.
Adjusted EBIT rose 1.8% on a reported basis to 358 million euros from 352 mill...