MILAN (Reuters) - Italian spirits group Campari said on Tuesday that 2025 will be "a transition year" after it reported a 2.5% drop in adjusted earnings last year on an organic basis, in the first set of results approved under new Chief Executive Simon Hunt.

The maker of Aperol and Campari bitters reported a 2.4% increase at constant exchange rate in like-for-like sales, to 3.07 billion euros, a touch above analysts consensus, which expected an increase to 3.02 billion euros according to LSEG data.

"Looking forward, following a transition period in 2025, we are very confident in our ability to deliver long-term sustainable outperformance," new CEO Hunt said in a statement.