Gruppo Campari, an Italy-based company producing spirits, wines and soft drinks, has posted net sales of €1.34bn for the full year ended 31 December 2012, showing reported growth of 5.2% and organic growth of 2.8% compared to net sales of €1.27bn in 2011.

The increase in net sales was primarily due to new distribution agreements.

Among the different regions, Americas accounted for 34.7%, Italian market for 29.2%, rest of Europe for 25.8% and rest of the world, including global travel retail, accounted for 10.4% sales of the total group sales in 2012.

The group net income for 2012 reached €167.7m, up by 0.1%, as against the net income of €167.5m for the comparable period last year.

The net income was rectified for all operating and financial one-offs.

Gruppo Campari CEO Bob Kunze-Concewitz said despite of difficult market conditions, they have improved their brands and are satisfied with the 2012 results.

"Regarding the existing business in 2012, adverse market conditions in the Group’s traditional markets, particularly Italy, Brazil, Germany, affected our aperitifs and still wine portfolio but were compensated by strong growth in newly established sales platforms in Australia, Argentina and Russia in combination with the continued strong performance of the overall US business," Kunze-Concewitz added.

"Looking forward, we expect 2013 to be another challenging year due to heightened macroeconomic difficulties in Eurozone markets."