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Bitter Orange: Gruppo Campari hit by Aperol delistings in Germany
date:Aug 10, 2012
ble-digit growth in second-tier markets such as Switzerland, Benelux, France and Spain, and triple-digit growth in the rest of the world.

On a later analyst call, Deutsche Bank analyst Jamie Isenwater said:If my maths is correct, excluding that one customer, German sales growth has gone from about +20% in Q1 to down nearly 10% in Q2. I know the weather was bad, but, are these broadly the right sort of numbers?

There must have been a underlying slowdown beyond all the various one-offs.

Kunze-C

12/21 23:01