CIMBALI
Friday 04 April 2025
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  • La Cimbali
Roasters

Lavazza reports record revenues of €3.35 billion (+9.1%), net profit of €82 million, introduces Tablì, a tab consisting of 100% coffee

TURIN, Italy – The Board of Directors of Lavazza Group has approved the Consolidated Financial Statements project as of December 31, 2024. The CEO Antonio Baravalle has announced the main financial indicators and introduces Tablì, a breakthrough within coffee industry. The words of Antonio Baravalle, Lavazza Group CEO: “The coffee industry is facing increasingly complex challenges in a critical and highly volatile macroeconomic and geopolitical context, marked by the continuous rise in raw material costs. Quality is fundamental to us and remains the...

Business & Finance

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TODAY NEWS
Latest

Equipment

La Marzocco at Milan Design Week’s Fuorisalone with three unique experiences

Desk7 -
MILAN – La Marzocco, an icon in the high-end coffee machine industry, will take centerstage at this year’s Milan Design Week and Fuorisalone, exhibiting...
coffee chains

Starbucks declares quarterly cash dividend of $0.61, Coca-Cola to release 1Q results on April 29

Desk3 -
SEATTLE, USA – Starbucks Corporation announced that its Board of Directors has approved a quarterly cash dividend of $0.61 per share of outstanding Common...
coffee chains

Dunkin’ debuts Arctic Cherry Energy and seasonal treats for limited time

Desk3 -
BOSTON, USA – Spring is in full bloom, and Dunkin’ is bringing a fresh dose of energy and joy to the season with new,...
Uncategorized

Cooks Coffee secures bank funding of NZ$2.6 million

Desk3 -
PARNELL, New Zealand – Cooks Coffee is pleased to advise that on 31 March 2025 it has finalised a NZ$1.6 million ($916,650) loan facility...
Uncategorized

illycaffè is Official Coffee Partner of Art Paris

Desk3 -
PARIS, France – illycaffè isthe official partner of the 27th edition of Art Paris, taking place from April 3 to 6 at the Grand...
Specialty Coffee

Lucky Hills Coffee announces exclusive selection process for 2025 Brazilian specialty harvest

Desk3 -
MIAMI LAKES, FL, USA – Lucky Hills Coffee, a leading brand of specialty coffees to the US food service market, today announced the initiation...
Vending

IVS Group reports revenues at 732.8 million, (+0.9%), completed 14 acquisition in Italy and abroad

Desk7 -
GRAND DUCHY OF LUXEMBOURG - The Board of Directors of IVS Group S.A., convened on March 27th, 2025 and chaired by Mr. Paolo Covre,...
Health

Cholesterol-elevating substances are likely to be higher in coffee machines in workplaces, Swedish study

Desk3 -
UPPSALA, Sweden – The coffee from most of the coffee machines in workplaces contains relatively high levels of cholesterol-elevating substances. There is a big...
Rtd

Nescafé Ready-to-Drink expands its reach, captivating a new generation of coffee lovers

Desk3 -
MILAN – Nestlé is expanding its Nescafé Ready-to-Drink cold coffee range to India, the Middle East and North Africa (MENA) region and Brazil to...
coffee chains

Reborn Coffee reports FY revenues of $5.9 million, up 8% on-year

Desk3 -
BREA, Calif., USA – Reborn Coffee Inc.  has reported its financial and operational results for the fourth quarter and year ended December 31, 2024. Revenues...
Uncategorized

Paulig acquires leading Dutch brand Conimex from Unilever and expands in Asian cuisine

Desk3 -
HELSINKI, Finland – As of April 1st, Paulig has officially closed the acquisition of Conimex from Unilever. With the acquisition, Paulig strengthens its position...
Certifications

Coffee Quality Institute (CQI) announces four new trustees

Desk3 -
ALISO VIEJO, California, USA – Coffee Quality Institute (CQI) announced four new trustees last week. Terms began in January 2025, but new members joined...
Packaging

Sustana receives an EcoVadis Gold Medal for the second consecutive year

Desk3 -
DE PERE, Wis., USA – Sustana, a leader in quality recycled fiber products and services, is proud to announce that it has once again...
Equipment

Covestro develops solar dryers in joint project with GIZ to support coffee production in Ethiopia

Desk3 -
LEVERKUSEN, Germany – Covestro is committed to sustainable solutions in agriculture and has developed specialized solar dryers made of polycarbonate to support coffee farmers...
Awards

Gaggan in Bangkok is named no.1 in the list of Asia’s 50 Best Restaurants 2025

Desk3 -
SEOUL, South Korea – Gaggan in Bangkok has clinched the coveted title of The Best Restaurant in Asia, sponsored by S.Pellegrino & Acqua Panna,...
Roasters

illycaffè reports revenues of €630 million  (+6%YoY),  net profit  of €33 million (+42%YoY), company to  award   an  extraordinary   €1 million  bonus to its  employees

Desk7 -
TRIESTE, Italy – The Board of Directors of illycaffè S.p.A. has approved the draft Financial Statements of the parent company illycaffè S.p.A., along with...
Equipment

Rancilio Group introduces the new iSteam Pro steam wand for automatic milk frothing

Desk7 -
MILAN - As of March 2025, Rancilio Group has introduced the new iSteam Pro steam wand on traditional Rancilio Classe 20 and Rancilio Specialty...
Water

BWT water+more Nederland at the Amsterdam Coffee Festival: exploring espresso with different water qualities

Desk7 -
AMSTERDAM - The Amsterdam Coffee Festival, one of Europe’s premier events for coffee lovers, professionals, and industry leaders, is always a hub for innovation,...
Uncategorized

Cooks Coffee Esquires brand wins prestigious Irish Enterprise Award

Desk3 -
AUCKLAND, New Zealand – Cooks Coffee Company, the international coffee focused café chain, announces that its Esquires brand in Ireland has been awarded the...
coffee chains

Keurig Dr Pepper to report 1Q 2025 results on April 24, Luckin Coffee files 2024 annual report on Form 20-F

Desk3 -
MILAN – Keurig Dr Pepper Inc. will release its financial results for the first quarter ended March 31, 2025 before the market opens on...

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Uncategorized

Specialty Coffee Expo 2025 in Houston: Workshops and lectures announced

HOUSTON, TX, USA - The 2025 Specialty Coffee Expo, taking place in Houston from April 25-27, will feature an unparalleled educational program covering the latest in sustainability, business innovation,...
Water

Tchibo Coffee Service presents H20, the water dispenser for the office under the brand AQUAHUB

Desk7 -
HAMBURG, Germany - With the H20, Tchibo Coffee Service is launching a new, innovative water dispenser under the brand AQUAHUB. The new addition combines...
coffee chains

Dutch Bros outlines long-term growth strategy at inaugural Investor Day

Desk3 -
GRANTS PASS, Ore., USA – Dutch Bros Inc. hosted on March 27, 2025, an Investor Day at its support center in Tempe, AZ. The...
coffee chains

Costa Coffee’s Llantrisant Green Meadow store becomes first 24-hour drive thru in Wales

Desk3 -
HIGH WYCOMBE, Buckinghamshire, UK – Costa Coffee announces that its Llantrisant Green Meadow store will become the first 24-hour drive thru in Wales, starting...

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