Strong international sales boost Lavazza’s full-year revenues during ‘challenging’ 2022

Louise Matthews

The Italian espresso roaster’s 2022 revenues were being boosted by worldwide gross sales advancement and pricing restraint – but larger fees for eco-friendly coffee, packaging, freight together with a powerful greenback are likely to ‘significantly impact’ margins in the yr in advance Lavazza’s net earnings fell 9{ead4cb8c77dfcbdb67aba0af1ff8dfae0017fcc07a16fe7b51058939ac12c72a} to €95m ($104m), […]

Israel’s Strauss Group credits international coffee division for strong 2022 sales

Louise Matthews

Strauss Group’s espresso division contributed 51{ead4cb8c77dfcbdb67aba0af1ff8dfae0017fcc07a16fe7b51058939ac12c72a} of total revenues past calendar year, led by 43{ead4cb8c77dfcbdb67aba0af1ff8dfae0017fcc07a16fe7b51058939ac12c72a} product sales progress in Brazil and double-digit expansion in Eastern Europe Strauss Coffee distributes 16 packaged coffee brands, together with Elite Espresso (pictured) | Picture credit history: Strauss Coffee   Strauss Group has cited the […]

Bridgehead Coffee hails strong wholesale channel for boosting 2022 revenues

Louise Matthews

The Canadian coffee chain, owned by Toronto-based mostly Aegis Manufacturers, attained 30{ead4cb8c77dfcbdb67aba0af1ff8dfae0017fcc07a16fe7b51058939ac12c72a} wholesale channel development last 12 months, which assisted offset lessen e-commerce revenues adhering to the easing of Covid restrictions  A Bridgehead espresso store in Ottawa, Canada | Photograph credit rating: Matti Blume CC BY-SA 4.   Canada’s Bridgehead Coffee has […]

Coffee vending systems a key contributor to Azkoyen Group’s strong 2022 sales

Louise Matthews

The Spanish vending maker suggests ‘historic’ income for its espresso machine division in the United kingdom and US drove 23{ead4cb8c77dfcbdb67aba0af1ff8dfae0017fcc07a16fe7b51058939ac12c72a} group profits advancement last year Azkoyen Group’s headquarters in Navarre, Spain | Photo credit rating: Azkoyen Group   Azkoyen Team has credited its Coffee and Vending Units Division as driving its […]

JDE Peet’s posts strong 2022 sales, but price rises hinder CPG volumes in Europe

The Netherlands-based coffee group has reported strong revenue growth for 2022, driven by steady performances for its Peet’s Coffee and out-of-home businesses, but price rises for consumer packaged goods impacted sales volumes across key European markets JDE Peet’s achieved 16{ead4cb8c77dfcbdb67aba0af1ff8dfae0017fcc07a16fe7b51058939ac12c72a} growth to reach €8.2bn ($8.7bn) | Photo credit: Peet’s Coffee   JDE […]