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● ● FIRST NINE MONTHS 2021 - RESULTS HIGHLIGHTS Reported net sales of € 1,575.7 million , + 27.3 % organic growth vs. the first nine months of 2020 ( + 22.9 % on a reported basis ) , and + 24.0 % organic growth vs. the first nine months of 2019. Sustained net sales organic growth in the third quarter , up + 12.8 % , despite a tough comparison base . Strong growth of + 27.3 % vs. the third quarter of 2019 . Strong business performance in the first nine months 2021 with double - digit growth across all sales and profit indicators vs both 2020 and 2019 unaffected by Covid - 19 Very solid business momentum continued in the peak summer season driven by the on - premise bounce back , combined with the home - made premium cocktails trend EBIT - adjusted of € 359.8 million , + 54.2 % organic change vs. the first nine months of 2020 , +410 basis points accretion ( + 31.7 % , +140 bps margin accretion vs. the first nine months of 2019 ) . EBIT adjusted organic growth of + 16.2 % in the third quarter , +70 bps accretion ( + 29.0 % , +30 bps margin accretion vs. the third quarter of 2019 ) . Group profit before taxation adjusted of € 343.3 million , up + 56.1 % . Net financial debt of € 926.0 million as of September 30th , 2021 , down 177.8 million vs. € 1,103.8 million as of December 31st , 2020. Net debt to EBITDA adjusted ratio at 1.8x as of 30 September 2021 , improving from 2.8x as of 31 December 2020 , thanks to the positive cash flow generation . CAMPARI GROUP Milan , October 26th , 2021 - The Board of Directors of Davide Campari - Milano N.V. ( Reuters CPRI.MI - Bloomberg CPR IM ) approved the additional financial information at September 30th , 2021 . Bob Kunze - Concewitz , Chief Executive Officer : ' In the first nine months of 2021 , our strong performance generated double digit growth across key markets and brands as well as across all key sales and profit indicators . The positive trends from earlier in the year have continued into the key summer season , thanks to a recovery in the on - premise driven by ' revenge conviviality ' combined with sustained home consumption trends . Regarding the outlook for the rest of the year , we expect the positive brand momentum and favourable sales mix to continue in the last quarter , helping to partially offset the intensifying input cost pressure , particularly logistics costs , accelerated brand building investments , as well as structure costs phasing . Looking beyond the current year , whilst uncertainty remains in connection with the evolution of the pandemic and its induced effects such as logistic constraints and intensified input cost pressure , albeit mitigated by the improving outlook for agave , we remain confident of our solid business momentum . ' . SUMMARY FINANCIAL INFORMATION FOR THE FIRST NINE MONTHS ENDED 30 SEPTEMBER 2021 9M 2021 Reported Change € million 1,575.7 22.9 % 961.2 26.2 % 61.0 % 359.8 22.8 % Net sales Gross profit % on sales EBIT - adjusted % on sales EBIT Group profit before taxation adjusted Group profit before taxation EBITDA adjusted % on sales EBITDA Net financial debt at the end of the period 350.1 343.3 341.2 418.0 26.5 % 408.4 926.0 * * Net financial debt as of 31st December 2020 equal to € 1,103.8 million . 9M 2020 € million 1,282.5 761.5 59.4 % 248.5 19.4 % 200.3 220.0 190.2 307.1 23.9 % 258.9 Page 1 of 7 44.8 % 74.8 % 56.1 % 79.4 % 36.1 % 57.7 % TOASTING LIFE TOGETHER Organic change 27.3 % 30.3 % 54.2 % 44.1 % Perimeter Impact -1.5 % -0.3 % -2.3 % -1.7 % Forex impact -3.0 % -3.8 % -7.1 % -6.3 %