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Davide Campari-Milano NV (MIL:CPR) Retained Earnings : €0 Mil (As of Mar. 2024)


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What is Davide Campari-Milano NV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Davide Campari-Milano NV's retained earnings for the quarter that ended in Mar. 2024 was €0 Mil.

Davide Campari-Milano NV's quarterly retained earnings increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€2,962 Mil) but then declined from Dec. 2023 (€2,962 Mil) to Mar. 2024 (€0 Mil).

Davide Campari-Milano NV's annual retained earnings increased from Dec. 2021 (€2,528 Mil) to Dec. 2022 (€2,675 Mil) and increased from Dec. 2022 (€2,675 Mil) to Dec. 2023 (€2,962 Mil).


Davide Campari-Milano NV Retained Earnings Historical Data

The historical data trend for Davide Campari-Milano NV's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Davide Campari-Milano NV Retained Earnings Chart

Davide Campari-Milano NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,418.10 2,297.20 2,527.50 2,675.30 2,962.00

Davide Campari-Milano NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2,835.90 - 2,962.00 -

Davide Campari-Milano NV Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Davide Campari-Milano NV  (MIL:CPR) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Davide Campari-Milano NV (MIL:CPR) Business Description

Address
Via Franco Sacchetti 20, Sesto San Giovanni, Milan, ITA, 20099
Davide Campari-Milano, or Campari, is the Italian-headquartered parent of the Campari Group and is the world's leading manufacturer of liqueurs, according to Euromonitor, with a volume share of 10% in 2022. The company's liqueur portfolio includes aperitifs Aperol, Campari, Cinzano Vermouth, and Grand Marnier. The remainder of the portfolio spans a wide range of categories, including global priority brands Skyy vodka and Wild Turkey bourbon, and niche brands such as Appleton Estate Rum, Bulldog gin, and Espolon tequila. Campari also produces and markets a range of champagne and sparkling wines.Campari is controlled by Lagfin S.C.A., a Luxembourg-based holding company, which holds 54% of the share capital and over 60% of the voting rights. A further 43% of the equity is free float.

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