Q1 2023 Davide Campari Milano NV Earnings Call Transcript
Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Campari First Quarter 2023 Analyst Results Conference Call. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Bob Konsevich, CEO of the Campari Group. Please go ahead, sir.
Thank you, and a very warm welcome to all to our call. I'll kick off with the general overview on Page #2. Whilst Q1, as you know, it's quite a small quarter for us. It still gives us quite a bit of satisfaction to have started with a bang. With our organic sales performance continued to be strong, up 19.6% here are the key drivers are our core aperitif, tequila and bourbon. And clearly, we have very solid brand momentum in a resilient consumer environment, particularly in the on-premise where we are overweight, as you know. We're benefiting also from the full effect of the previous year's multiple price increase rounds and are also favored by some
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