Campari 2024 – Annual Results & Forecast Commentary
Campari FY24 Campari is the sixth-largest player worldwide in the global premium spirits industry. Among its more than 20 brands, Campari, SKYY Vodka, Grand Marnier, Courvoisier or the emerging Espolón…
Campari – Equity Research (Initial Coverage)
Detailed analysis of Campari (owner of Aperol), including an assessment of each brand's situation & comparison with Diageo and Pernod Ricard.
Guide to the Beverage Industry
Guide to the beverage industry. Explaining beverage producers, glass manufacturers, barrels & cork companies...
Special Equity Research Recap – Italian Wine Brands
Italian Wine Brands update on tariffs, euro devaluation, new non-alcoholic wine line, Italian sales (Prosecco rise) and $IWB.MI valuation
TFF Group – Equity Research
Tonnellerie Francois Frères (TFF) is a family-owned (71% ownership) dry material supplier in the alcoholic beverage industry, they supply casks and barrels for wine and Scotch and Bourbon whiskies (Wine is 43% of sales and Alcohol 57%)
Italian Wine Brands 1H24 Results
Analysis of the 1H24 results of Italian Wine Brands, a company specialized in the distribution of premium wines in 90 countries. It went public in 2015, becoming the first public winery in Italy and through these years it has become the largest private one in Italy. It has a market cap of roughly €200MM and a net debt of €93MM.
Italian Wine Brands – IWB.MI
Investment thesis - Italian Wine Brands, the holding company of the leading producer and distributor in the Italian wine industry