CIMBALI
Monday 23 December 2024
  • La Cimbali

Lavazza’s strong profit boosted by sale of Keurig Green Mountain stake

The consolidated net profit soared to 802 million euros ($898 million) last year from 127 million euros in 2014, thanks to the capital gain from the sale of its stake in the U.S.-based coffee company

Must read

  • Dalla Corte
TME - Cialdy Evo
Demuslab

MILAN – Italy’s leading coffee roaster Lavazza Monday reported a big boost in profit for 2015, thanks to the capital gain from the sale of a stake in U.S.-based coffee company Keurig Green Mountain.

The company’s consolidated net profit soared to 802 million euros ($898 million) last year from 127 million euros in 2014, the company said in a note.

Dear Reader,
you are not required to purchase anything for certain limited use of Comunicaffe International.
However, if you do not purchase a subscription, your access to our contents will be limited.
For further information about our subscriptions please visit the subscription page.

 

If you are already subscribed please type here your credentials:

 

CIMBALI

Latest article

  • Franke Mytico
Demus Art of decaffeination