Earnings release
Page 1
P a g . 1 | 2 COMPAGNIA DEI CARAIBI S.p.A. SB REVIEW OF CERTAIN CONSOLIDATED MANAGEMENT FINANCIAL AND ECONOMIC DATA AS OF 31 DECEMBER 2025 Consolidated revenues from sales in the range between Euro 35.1 million and Euro 36.1 million (sales revenues as at 31 December 2024: Euro 56.9 million) Turin (Italy), 28 January 2026 – Compagnia dei Caraibi S.p.A. (ticker TIME) (“Compagnia dei Caraibi” or the “Company”) - a leading company in the import, development, brand building, and distribution of premium and over-premium spirits, wines and soft drinks from around the world, as well as Italian craft beers – announces that the Board of Directors, which met today, has reviewed certain consolidated management financial and economic data as at 31 December 2025, which have not been subject to audit. Consolidated revenues from sales as at 31 December 2025 are estimated to be in the range between Euro 35.1 million and Euro 36.1 million, representing a decrease of between 38.3% and 36.6% compared to 31 December 2024 (sales revenues of Euro 56.9 million). The performance reflects the effects already communicated of the redefinition of the brand portfolio, which resulted in the exit of brands that were significant in terms of revenues; in this context, the Company demonstrated a timely ability to react, maintaining stability across the remaining portfolio and other business lines, despite a market environment that continues to present challenging dynamics, characterised by still weak demand and strong competitive pressure. Edelberto Baracco, CEO of Compagnia dei Caraibi, commented: “The management data as at 31 December 2025 reflect a year of profound transition, influenced both by a market environment that remains complex and unstable and by the reorganisation of the distributed brand portfolio. In this scenario, Compagnia dei Caraibi has continued with determination along its path of qualitative strengthening of its brand portfolio, remaining focused on premium and over-premium brands with solid medium- to long-term growth prospects. In this context, the already announced entry, as of 1 January, of Villa Massa and Licor 43 represents a further step forward, fully consistent with our positioning and with the Group’s distinctive brand-building capabilities. At the same time, during 2025 we carried out a significant internal reorganisation aimed at making the structure more efficient, flexible and aligned with current market dynamics. This process strengthens our commercial penetration capabilities while improving operational efficiency and cost control. Along this path, our ongoing activity to consolidate and enrich the portfolio continues, with the objective of creating the conditions for sustainable growth and a progressive enhancement of profitability. While maintaining a prudent and selective approach, we also ensure a high level of strategic and operational flexibility in a competitive environment that remains challenging.”
Page 2
P a g . 2 | 2 *** This press release is available on the Company’s website www.compagniadeicaraibi.com in the “Investor Relations/Press Releases” section, as well as on the dissemination system (SDIR) “1info” available at www.1info.it. Compagnia dei Caraibi S.p.A. Benefit Company (ticker: TIME, ISIN: IT0005453235) established in Vidracco (TO) in 2008, is the leading company in the import, development, brand building and distribution of premium and over-premium spirits, wines and soft drinks from all over the world, as well as of It alian craft beers. Listed on the stock exchange since July 2021, the Company is one of the most dynamic on the market, with a total catalogue of over 1,200 references exclusively imported and distributed in It aly. The Company currently operates in 34 count ries with a direct presence in Italy, Spain and the United States. The Company extended its business model with Dispensa, a project that directly caters for end consumers with an online and offline omnichannel concept. Increasingly, the distribution model is focusing on the national and international consolidation of owned and co-owned brands: vermouth, liqueurs, gin, and beer. As of July 2021, Compagnia dei Caraibi is a Benefit Company; there are four permanent areas of responsible business practice (ESG): environment, culture, people and gender equality. In September 2023, Compagnia dei Caraibi was awarded the B Corp® certification, joining the international community of companies leading a global movement to promote an inclusive, equitable and regenerative economic paradigm. For additional information: Compagnia dei Caraibi: Investor Relator Fabio Torretta +39 0125 791104 investors@compagniadeicaraibi.com Manuela Pirozzi Communication Manager +39 347 9290609 m.pirozzi@compagniadeicaraibi.com Euronext Growth Advisor illimity Bank +39 02 82849699 compagniadeicaraibi@illimity.com