Gruppo Campari, the parent of Wild Turkey, on Wednesday reported portfolio sales of $1.23 billion, up almost 8 percent, with 2.5 percent organic growth, for the first nine months of the year. While U.S. companies have been hurt by the foreign exchange rates, Milan-based Campari was helped, with the exchange rate contributing 5.7 percent to the results, the company reported.
"We achieved positive growth across all key performance indicators in the first nine months of 2015," said Bob Kunze-Concewitz, CEO, in a statement. "Looking forward, we are on track to achieve a positive full-year performance."
The Americas, which account for 42.8 percent of the company's sales, were up 15.5 percent, with organic growth of 5.3 percent. U.S. sales were up organically almost 4 percent, the company reported.
Key drivers were the growth of Wild Turkey and American Honey, which are produced in Lawrenceburg.
Also generating major growth in the key American region: Appleton Estate and Wray & Nephew rums, as well as the Italian aperitifs Aperol and Campari.
Globally, sales of Jamaican rums were up 15.7 percent organically, Aperol was up 11.4 percent, Campari up 6 percent and Wild Turkey up 3.7 percent.
SKYY vodka, which was flat in U.S. sales, saw global sales increase 2.1 percent.