De’ Longhi: in Q3 revenues of €805.5M, +14.0%, over 60% of turnover from coffee, while La Marzocco confirms its leadership

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November 13, 2024

TREVISO, Italy – The Board of Directors of De’ Longhi S.p.A. has approved the consolidated results for the first nine months of 2024. In the third quarter, the Group achieved: revenues of €805.5 million, up by 14.0% (5.2% on a like-for-like2 basis);an adjusted Ebitda of €131.1 million, representing 16.3% of revenues and an increase of 25%; Ebit equal to € 97.0 million, representing 12.0% of revenues, increasing by 29.9%.

Over the nine months, the Group reported:

• revenues of €2,229.2 million, up by 11.6% (4.1% on a constant perimeter basis);
• an adjusted Ebitda of €335.8 million, representing 15.1% of revenues and an increase of 26.7%;
• Ebit equal to € 240.8 million, equal to 10.8% of revenues, increasing by 31.7%;
• a net profit4 of €173.8 million, representing 7.8% of revenues (up from 7.1%, a rise of 22.2%);
• positive cash flow before dividends and M&A of €35.6 million.
As of September 30, 2024, the Group’s net financial position was positive at €266.1 million.

CEO Fabio de’ Longhi commented:

“The Group improved the excellent performance of recent quarters, with a 14% increase in revenue, benefiting from both the consolidation of La Marzocco and acceleration in the household sectot. The past year and a half has shown stability and persistence in trends across our categories, thanks to a structurally expanding market, which we have supported through investments in innovation and communication.

Specifically, in addition to the renewed commitment to De’ Longhi’s global coffee campaign and Braun’s CareStyle ironing products, we supported the launch of new products in the quarter, such as Nutribullet’s Flip and Kenwood’s Go collection, with dedicated events and social media campaigns. Moreover, in the professional coffee sector, La Marzocco ha reaffirmed its market leadership, further developing its business and strengthening its presence in luxury household goods with targeted partenrship intiatives, including the creation of an exclusive Porsche X La Marzocco product line.

I am fully satisfied with the improvement in profitability, with EBIT growing at double the pace of revenue growth. In addition to the expanded scope, this improvement benefited from stabilized production costs and a favourable product mix effect, indicting the continued growth of our consumers’ interest in the premium segments of our product portfolio.

The acceleration seen in recent months, along with the current market development scenario, allows us to revise our guidance upwards for the year. We now estimante, for the new scope, revenuw growth in the range of 11%-12% for 2024 (previously 9%-11%), with adjusted EBITDA between euro 540-550 million (previously euro 500-530 million)”.

During the first nine months of 2024, the Group De’ Longhi achieved a revenue expansion of 11.6%, supported by like-for-like growth at constant exchange rates at a mid- single-digit rate, along with the seven-month consolidation of La Marzocco.

Porsche x La Marzocco Linea Micra Grey (image provided)

The like-for-like growth in the third quarter (+5.2%) accelerated compared to the first half of the year, thanks to the consolidation of growth trends in core categories, which have shown continuity and solidity of results since mid-last year.

The Group’s profitability experienced steady and significant improvement throughout the year, with a growth rate higher than revenue, marked by a 180- basis-point increase in Adjusted EBITDA over the nine months compared to 2023. This improvement is attributable, besides the consolidation of La Marzocco, to the stabilization of certain production costs compared to previous years and a favorable product mix effect, indicating the continued growth of our consumers’ interest in the premium segments of our product portfolio.

Throughout the year, the Group has supported brands’ growth with significant investments in media and communication (‘A&P’), with a percentage on revenues over the nine months higher than the previous year (at 12.5% like-for-like, up by about 50 basis points versus Q3-23), further increasing in the third quarter due to both different phasing within the year and activities supporting the launch of new product lines.

Notable initiatives include Kenwood’s campaign for the launch of the new ‘GO’ collection, Nutribullet’s events around the new portable blender Flip, activities for Braun-branded ironing systems, and the global coffee campaign featuring Brad Pitt as an ambassador, supporting the worldwide rollout of products like Rivelia and Eletta Explore.

It should be noted that revenues have benefited from the consolidation of La Marzocco by approximately €149.0 million over the nine months (since March 1, 2024) and €62.3 million in the third quarter.

In the first nine months of 2024, revenues increased by 11.6%, reaching
€2,229.2 million, with an accelerating third quarter compared to the previous ones, up 14.0% to €805.5 million.

The currency component, which had an essentially neutral effect in the third quarter, detracted approx. 0.5 percentage points of growth on a like-for-like basis in the nine months.

Generally speaking, the Group (including La Marzocco) recorded a positive quarterly performance in all areas, with the American market clearly accelerating compared to previous quarters also thanks to growth at a high single digit rate on a like-for-like basis.

In details, in the third quarter:

• South-Western Europe showed an expansion in turnover of 7.4%, which corresponds to low-single digit growth on a like-for-like basis. The area was supported by the expansion of the certain areas such as Switzerland, Austria and the Iberian Peninsula which benefited from the performance of fully automatic coffee machines and the return to growth of kitchen machines;

• North-Eastern Europe furtherly accelerated compared to previous quarters, supported by a like for like growth in turnover at mid-teens. In particular, we highlight the significant growth in Poland, thanks also to the recovery of the Kenwood-branded kitchen machines, as well as the positive dynamics of the United Kingdom and the Czech Republic & Slovakia & Hungary;

• Scope expansion also for MEIA region which achieved organic growth at a low-single digit rate in the quarter, despite the complexities of the geopolitical context;

• Americas area significantly accelerated its growth in the period, thanks to the consolidation of La Marzocco and like-for-like turnover expansion, which returns to being positive in the nine months. Specifically, the expansion of fully automatic machines and the partnership with Nespresso supported a mid-teens growth rate in home coffee in the quarter;

Finally, the Asia Pacific region showed an increase in turnover of approximately 10%, mainly thanks to the expansion of the scope of professional coffee, which more than offset the decline in turnover at constant scope, also deteriorated by a negative currency impact in several countries in the area (-2.7 points in the quarter). Australia and New Zealand enjoyed good results from the coffee and nutrition segments, while in Japan the particularly mild winter season penalized the quarterly result.

Regarding the product segments, the favorable development dynamics of the core categories continued through the year, with solid trends over the last 18 months for both the home coffee sector and the nutrition and food preparation segment.
The favorable performance of the business, together with the contribution of the integration of La Marzocco, led the coffee area (which includes both products for domestic and professional use) to represent, both in the nine months and in the third quarter, over 60% of the Group’s revenues.

Specifically, in this quarter, home coffee machines recorded an increase in turnover at a low-teens rate, thanks to the significant expansion of fully automatic machines and the acceleration of capsule systems.

The nutrition and food preparation segment confirmed the trend of the first half of the year, with a turnover growing at a low-mid single digit rate in the quarter. In particular, we note the return to growth of Kenwood brand kitchen machines, increasing at a mid-teens rate in the period, and the continuous expansion of the blenders sector, thanks to Nutribullet personal blenders and Braun hand blenders.

Comfort sector (portable heating and air conditioning) in negative territory also in the quarter under analysis, due to the postponement of the cold season in some relevant markets, but without significant effects on the overall performance of the Group.
Home care (house cleaning and ironing) recorded an increase in turnover at a mid-single digit rate, after four consecutive quarters of double-digit growth driven by Braun-branded ironing, which grew also in the reference period.

The first nine months of 2024 closed with a significant increase in margins, both due to the consolidation of La Marzocco and on a like-for-like basis thanks to the increase in volumes, the improvement of the product mix and the further easing of inflationary pressures on some industrial costs.

In the quarter:

• the net industrial margin stood at €415.8 million, equal to 51.6% of revenues (51.3% in the 9 months) compared to 49.0% in 2023, benefiting from the growth in volumes, the improvement in product mix and the recovery of some production costs;

• the adjusted Ebitda amounted to €131.1 million, or 16.3% of revenues (15.1% in the 9 months), improving compared to the 14.9% of the third quarter of 2023. It should be noted that the increase in profitability in the quarter was achieved in a context of greater investments on advertising and
communication (“A&P”), with a like for like percentage on turnover of 12.9% (equal to an increase of approximately 190bps vs Q3-23), to support the product launches planned in the period and for a different phasing.

• Ebitda amounted to €126.0 million, or 15.6% of revenues (14.4% in 2023) after €5.1 million of non-recurring expenses (which compare with 3.1 million non-recurring charges of the third quarter of 2023) mainly relating to the existing stock option plans;

• the operating result (Ebit) stood at €97.0 million, equal to 12.0% of revenues (10.6% in 2023), after a level of depreciation substantially aligned with the levels of the previous year;

• finally, the net profit attributable to the Group amounted to €67.6 million, (€173.8 million in the 9 months) equal to 8.4% of revenues.

The Group closed the third quarter with an active Net Financial Position at 30 September of €266.1 million, down in the nine and twelve months due to the net absorption of €432.2 million in relation to the closing of the business combination of professional coffee and distributed dividends.

The cash flow, before dividends and M&A (“Free Cash Flow before dividends and M&A”) amounted to €372.3 million in the 12 months, while in the nine months it stood at €35.6 million for a temporary decline of net working capital aligned with the seasonality of the period.

In the nine months, operating working capital (equal to 7.6% of revenues in the rolling 12 months) increased compared to the position of December 2023, due to the effect of the consolidation of La Marzocco and the increase in inventory, due to of increasing production and inventories ahead of the fourth quarter.

Finally, Capex spending stood at €84.6 million in the nine months, in line with last year’s levels.

De’ Longhi Group results in detail

La Marzocco wins the Best Coffee Equipment Supplier – Europe award at the 2024 European Coffee Symposium & Coffee Hospitality Show (CoHo)

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November 13, 2024

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6187014a-026d-4799-be34-a3c5e245baa6 (1) — La Marzocco wins the title “Best Coffee Equipment Manufacturer – Europe” (image provided)

BERLIN, Germany – La Marzocco and Modbar representatives join the 2024 European Coffee Symposium & Coffee Hospitality Show (CoHo) as espresso machine partners, from November 11-14, at the Intercontinental Berlin, proudly taking home the Best Coffee Equipment Manufacturer – Europe award for a consecutive year.

This 4-day event has been conceived as an inspiring international gathering for coffee professionals, enthusiasts and innovators to network, learn, engage and celebrate all things coffee culture, technology and community.

In fact, company CEO Guido Bernardinelli, along with CMO Chris Salierno, have also taken part in the 5thWAVE industry talks and have respectively shared with the audience insights around:

“The Future of Data & Technology in Coffee and Hospitality” – Guido Bernardinelli
“Growing a Global-Community-Led Brand through Culture, Authenticity and Strong Customer Ties” – Chris Salierno

From thought-leadership content and the Roaster Village, from signature booths with milk-steaming machines like the Wally and modular brewing systems like Modbar, to the latest Strada X model, attendees are being invited to enjoy interactive caffeinated moments embodying the art of design, engineering and hospitality.

Additionally, for this occasion, Accademia del Caffè Espresso – La Marzocco’s multifaceted coffee culture hub – is also launching the European première of The Rise of Espresso on the evening of November 13th, to be followed by an enriching industry panel that is meant to expand on what espresso coffee heritage, trends and businesses represent today in Germany’s café scene.

For more information click here.

Coffee futures rally ahead of EU’s crucial vote on EUDR

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November 13, 2024

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The ICE logo

MILAN — Coffee futures markets are once again bullish, ahead of the European Parliament’s crucial vote on the postponement of the implementation of the EUDR, which is scheduled on Thursday 14 November. Both terminals recovered on Monday and Tuesday, with two consecutive sessions in positive territory, helped by the continuing difficult weather situation in Brazil and Vietnam.

Yesterday, Tuesday 12th November, the Ice Arabica March contract gained 735 points (+3.1%) to close at 263.10 cents, the highest level for the main contract since early October.

In London, the contract for January delivery rose a further $61 (+1.36%) to $4,537, its highest level since 18 October.

Coffee futures prices were also boosted by investors pumping money into commodities following the U.S. election.

However, according to Pine Agronegócios, a market analysis and forecasting company, the outlook between now and the end of the year looks good and the expected improvement in weather conditions will, if nothing else, help to prevent further damage to the trees, in addition to that which has already occurred (and which is no longer repairable).

We reiterate that it will still be at least a couple of months before the first reliable estimates on the new crop can be made.

In Vietnam, physical trade remains difficult and limited due to tight supply in the market.

According to the General Department of Customs, exports – during the month of October – declined year-on-year by 11.6% to 45,412 tonnes, or only 756,867 bags (compared to 871,171 bags of Robusta exported last month from Brazil, ed.)

In the first 10 months of the calendar year, Vietnamese exports were similarly down by 11.1%, to 1.15 million tonnes or 19,166,667 million bags.

As for the weather, tropical depression Yinxing passed over Gia Lai Province yesterday afternoon bringing moisture and rain. The system has since weakened considerably.

Positive figures from the new report of the Colombian Federation of Coffee Growers. In October, Colombia produced 1.34 million bags, an increase of 16% compared to the same month last year. In the last 12 months (November-October), production rose to 12.94 million bags, up 19%.

The export trend was also positive, with a 15% increase in October to 1.047 million bags.
Exports are expected to reach 12 million bags by the end of the calendar year. Gustavo Gómez, president of the National Coffee Exporters Association of Colombia (Asoexport), meanwhile, announced in an interview that within 2-3 years, Colombia will begin producing Robusta coffee for the first time in its history.

The trial is currently underway in regions where coffee had never been grown and far away from the main Arabica areas.

Specifically in the areas of Montería (Caribe), Casanare y Meta (Llanos Orientales) and Tumaco (Pacífico). The feedback so far has been positive, with good productivity levels.

Caffè Borbone: revenue is up 9.9% to 243.1 million euro, margin on sales above 20%

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November 13, 2024

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The logo of Caffè Borbone

MILAN, Italy – The Board of Directors of Italmobiliare S.p.A. approved the additional periodic financial information for the nine months ending September 30, 2024. The growth and development path of the Group’s main companies has continued during the first nine months of the year. Consolidated revenue stands at 499.4 million euro (+19.3%) and EBITDA is up by 65.9% to 110.6 million.

Looking at the pro-forma aggregate of the industrial Portfolio Companies, revenue (1,069.8 million euro, +7.8%) and EBITDA (146.3 million, +8%) are both up.

Revenue is up 9.9% to 243.1 million euro for Caffè Borbone, which continues on its development trajectory in strategic channels, with a particularly positive performance in large-scale retail, online and foreign markets.

Officina Profumo-Farmaceutica di Santa Maria Novella has recorded revenue and EBITDA that have risen to 47.1 million (+25.5%) and 12 million (+28.2%) respectively, supported by an excellent performance on the part of retail (+42.6%), which grew in all geographies and benefited from the consolidation of the results of the subsidiary in Japan, and on the part of the e-commerce (+30.1%).

Italgen recorded an increase in energy production during the period to 305.3 GWh, up by more than 60%.

EBITDA comes to 26.9 million euro, an all-time record for the company. CDS-Casa della Salute’s revenue has grown to 45.9 million euro, with an increase of 53% compared with the same period last year. EBITDA comes to 5.4 million euro, up by 71.1%.

Over the period, the Group made significant strides in its decarbonisation efforts, guided by the Science Based Targets initiative methodology.

Italmobiliare’s short-term emissions reduction targets have already been approved, while Callmewine, Capitelli, and Officina Profumo-Farmaceutica di Santa Maria Novella have successfully defined and submitted their own short- and long-term greenhouse gas emissions reduction targets.

At September 30, 2024, the Net Asset Value of Italmobiliare S.p.A., excluding treasury shares, stands at 2,141.2 million euro. NAV per share (excluding treasury shares) is equal to 50.6 euro and, in consideration of the distribution of dividends of 3 euro per share, shows an increase of 3% compared with what it was at December 31, 2023.

The net financial position of Italmobiliare S.p.A. (available cash) is positive and has increased by 72.5 million euro, from 204.3 million euro (at December 31, 2023) to 276.8 million euro.

Among the Portfolio Companies, in the food sector Caffè Borbone is growing in terms of revenue.

Caffè Borbone ‘s revenue is up by 9.9% and continues its development trajectory in strategic channels, with particularly positive performances in large-scale retail, online and foreign markets. EBITDA is down due to the record cost of the raw coffee beans, but the margin on sales remains above 20% for the nine months.

Ernesto Illy International Coffee Award addressed the future of coffee at the UN Headquarters in New York

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November 13, 2024

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NEW YORK, NY, USA – In a world facing unprecedented climate challenges, the future of coffee is under threat. From droughts in Brazil to extreme weather in Vietnam, climate volatility jeopardizes the livelihood of over 12.5 million coffee growers, most of whom are smallholders. The Ernesto Illy International Coffee Award 2024 convened at the United Nations Headquarters to address the critical question: How can we secure the future of coffee in light of these environmental and socio-economic threats?

The roundtable discussion, organized by illycaffè as part of this year’s Ernesto Illy International Coffee Award, was moderated by Clare Reichenbach, CEO of the James Beard Foundation. The panel brought together renowned leaders and visionaries in coffee and sustainability, including Andrea Illy, Chairman of illycaffè and co-Chair of the Regenerative Society Foundation; Massimo Bottura, world-renowned chef and UN Goodwill Ambassador; Jamil Ahmad, Director of the UNEP New York Office; Andrea De Marco, Project Manager at UNIDO; Raina Lang, Senior Director of Sustainable Coffee at Conservation International; and Vanusia Nogueira, Executive Director of the International Coffee Organization.

The panel emphasized the urgent need to transition coffee cultivation to a regenerative model to enhance resilience, improve farmer livelihoods, and reduce environmental impact. A major focus was on establishing a $10 billion public-private fund over the next decade, which will target smallholder coffee farmers in tropical regions heavily impacted by climate change.

“Since Expo 2015, we have worked tirelessly to build a framework to protect coffee for generations to come,” said Andrea Illy, “Regenerative agriculture has shown it can produce high yields and quality while restoring natural resources. We must act quickly to scale these solutions globally through an international fund. It is essential we implement regenerative solutions now, as we see they work and deliver positive outcomes.”

Throughout the discussion, panelists underscored the importance of uniting stakeholders from governments, international organizations, and the private sector to bring impactful, lasting change to coffee-growing communities. Reichenbach highlighted that consumer awareness and participation are key drivers in the industry’s sustainability journey.

Massimo Bottura, Chef Patron Osteria Francescana and Casa Maria Luigia, Founder Food for Soul, UNEP Goodwill Ambassador, and SDG Advocate, contributed with his unique perspective “Coffee is about emotion. Coffee has the potential to embody heritage, quality, and enjoyment,” Bottura said. “We have to improve the act of drinking a cup of coffee from a routine to a conscious act of support. This shift has a direct, positive impact on the livelihoods of those who produce and cultivate it, fostering a sustainable future for coffee-growing communities.”.”

“As we confront the increasing impacts of climate change, coffee-producing communities—primarily smallholder farmers in developing regions—face unprecedented challenges that threaten their livelihoods and cultural heritage,” said Vanusia Nogueira, Executive Director of the International Coffee Organization. “This fund, and the collaboration it represents, is a crucial step towards building resilience, ensuring sustainable livelihoods, and preserving coffee’s future. Together, through public-private partnerships and global commitment, we can empower these communities to adapt, thrive, and continue sharing coffee with the world.”

“As leaders in food and sustainability, we have a responsibility to champion models that can secure vital food systems like coffee,” said Clare Reichenbach, CEO of the James Beard Foundation. “It was a privilege to moderate this important discussion and hear from many thought-leaders in the sustainability arena”
The roundtable concluded with a powerful message to the global coffee community, financial institutions, and individual consumers: Coffee-producing countries require significant investment and public-private cooperation to create scalable, resilient, and environmentally-friendly agricultural practices. The envisioned fund aims to support farmers through the transition to regenerative practices, ensuring the economic sustainability of the coffee industry while meeting climate and social challenges head-on.

Nescafé Dolce Gusto adds Nescafé Gold Blend pods to its range available in the UK

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November 13, 2024

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Nescafé Dolce Gusto logo

GATWICK, UK – Nescafé has bought together two icons for a new way to experience the signature taste you know and love. Nescafé Gold Blend pods by Nescafé Dolce Gusto allow you to savour the comforting smoothness and rich aroma of Nescafé Gold Blend, now at the simple touch of a button.

Sophie Demoulin, Marketing Director, Nescafé Dolce Gusto, said: “We are delighted to welcome Nescafé Gold Blend pods as the latest addition to our Nescafé Dolce Gusto long black coffee range!

“Coffee lovers will be able to enjoy the signature Gold Blend taste with their Dolce Gusto machine, elevating their morning coffee experience by bringing to life the fruity and cereal notes of this roast and ground coffee.”

Nescafé Gold Blend pods by Nescafé Dolce Gusto will be available from November at Tesco stores in the UK and Ireland, Amazon and the Nescafé Dolce Gusto Webshop. The pods will be more widely available from early next year.

All coffee used in Nescafé products made in the UK is 100% responsibly sourced. All Nescafé coffee comes from certified or verified farms applying responsible social and environmental practices.

Alraedah announces strategic partnership with Methods Coffee Shop

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November 13, 2024

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RIYADH, Saudi Arabia – Award winning SME financier Alraedah announced a new partnership with Methods Coffee Shop, a Saudi specialty coffee brand seeking franchise financing, demonstrating the company’s commitment towards supporting the growth of the F&B industry in Saudi Arabia. The strategic partnership was broadcast during the third day of the Biban event, organized by the Small and Medium Enterprises General Authority (Monshaat).

Established in 2018, Methods Coffee Shop has quickly gained recognition as a distinctive brand in the specialty coffee scene. Starting from a modest 40-square-meter space, Methods has since expanded to 6 locations across Jubail and Al Khobar in 5 years, with the objective of expanding further across the Kingdom.

With a clear vision to lead the GCC market, Methods Coffee Shop emphasizes high standards, innovation, and sustainable growth. Their commitment to a unique customer experience aligns seamlessly with Alraedah’s mission of empowering businesses with cutting-edge tools and financial solutions.

“At Method, we have always envisioned expanding beyond the borders of our flagship location, aiming to bring our unique coffee culture to communities across the region. This level of growth and expansion would not have been possible without the strategic support of Alraedah, whose partnership has provided us with the financial backing and operational guidance necessary to scale our business effectively. Together, we are paving the way for Method Coffee to become a leading brand in specialty coffee, reaching new heights while maintaining the quality and authenticity our customers expect,” comments Methods CEO Yasser AlAhmadi.

Through this partnership, Alraedah will support Methods Coffee Shop through the provision of franchisee financing options to facilitate rapid expansion across Saudi Arabia and beyond. This financing agreement comes directly on the heels of a similar partnership Alraedah Finance established with another local Saudi brand, Cookies N’ Cream, further demonstrating how Alraedah supports F&B brands.

“Our partnership with Methods Coffee Shop is an exciting opportunity to support a fast-growing local brand that exemplifies quality and innovation,” states Abdulaziz Aldwood, CEO of Alraedah Finance. “We aim to bring the best financial solutions to the F&B industry, empowering brands like Methods to achieve their expansion goals.” This partnership with Methods Coffee Shop reaffirms the company’s commitment to supporting the growth of Saudi brands in the competitive F&B landscape.

Dutch Bros celebrates Passenger Princesses on National Princess Day

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November 13, 2024

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GRANTS PASS, Ore., USA – On National Princess Day, November 18, Dutch Bros is celebrating the most iconic princess of them all, the passenger princess. Embracing the growing #passengerprincess trend, with nearly 200,000 posts on TikTok and Instagram, Dutch Bros invites everyone to channel their inner passenger princess by hopping in that passenger seat and swinging by their local Dutch Bros on November 18 beginning at 5 p.m. to receive a special Crown Straw Topper with any drink purchase.

“We know our customers love a good reason to treat themselves, and National Princess Day is the perfect excuse to add a little extra fun to your go-to order,” said Tana Davila, chief marketing officer at Dutch Bros.

“At Dutch Bros, we believe being a passenger princess is more than just a ride—it’s a state of mind. It’s about embracing those carefree, feel-good moments, whether you’re in the passenger seat or just looking to add a little joy to your day with your favorite drink in hand.”

Customers can receive their Dutch Bros Crown Straw Topper on Monday, November 18 after 5 p.m. at more than 950 locations, while supplies last.

Additionally, fans can enter a giveaway on Dutch Bros’ Instagram on Monday, November 18, for a chance to win the ultimate Passenger Princess experience, which includes a branded travel pillow, air freshener, phone holder, tumbler, Dutch Bros gift card, and more.

They’re also encouraged to share their passenger princess experience on social media using #PassengerPrincessDay and tag @DutchBrosCoffee for a chance to be featured on the official page. To find a location near you, visit www.dutchbros.com/locations.

Victor Allen’s Coffee launches new Victor Allen’s premium coffee pods in a 60-count variety pack

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November 13, 2024

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Victor Allen's Coffee logo

LITTLE CHUTE, Wis., USA – Trilliant Food & Nutrition, a leading, vertically integrated coffee manufacturer in the U.S., has announced the launch of its new Victor Allen’s High Quality, Premium Coffee Pods. The 60-count variety pack of coffee pods is compatible with single-serve pod coffee makers, offering a hassle-free brewing experience perfect for busy mornings or relaxing afternoons.

These premium coffee pods come in a variety of medium and dark roasts. They feature classic favorites like Colombia and a smooth Espresso, along with a few unique blends like Brazil and Mexico, that are sure to transport you to your happy place.

Victor Allen’s Coffee maintains its fresh taste and high standards by shipping 100% Arabica coffee beans that the company expertly sources, roasts, grinds, and packs all in one location in Little Chute, WI.

“At Victor Allen’s, we’re dedicated to delivering elevated coffee experiences that perfectly fit your lifestyle—effortlessly and affordably,” said Zac McAuley, Director of Brand Marketing at Victor Allen’s Coffee.

“Our newest coffee pods feature the highest quality beans we’ve ever produced, sourced from the world’s top coffee-producing countries. This isn’t just another coffee pod; it’s a step up from what’s currently available in the market.

Whether you’re kicking off your morning or enjoying a well-deserved afternoon break, you can indulge in a rich, delicious cup of coffee in seconds. It’s never been easier to savor that perfect coffee moment!”

Victor Allen’s Premium Coffee Pods deliver exceptional quality that rivals top premium brands—at a fraction of the cost. This 60-count variety pack includes 15 pods of each flavorful roast, featuring options like Colombia Coffee Blend, Espresso Roast, Mexico Coffee Blend, and Brazil Coffee Blend. Enjoy your Victor Allen’s Premium Coffee Pods however you like—hot or cold, black, or customized with milk, cream, or syrup.

The coffee pods are available exclusively at Sam’s Club for a limited time starting in November, at $14.98 per pack—but this special pricing won’t last forever.

Zavida Coffee Roasters expands Organica Line at Costco Canada

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November 13, 2024

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VAUGHAN, ON, USA – Zavida Coffee Roasters, a Canadian leader in flavoured coffee, is excited to announce two major developments as part of their ongoing growth strategy: the expansion of its Organica line at Costco Canada with a new 76-count box of Keurig-compatible coffee pods, and the launch of three new naturally-flavoured organic coffee options.

These initiatives are reflective of Zavida’s commitment to meeting the evolving needs of coffee lovers by delivering quality, sustainability, and convenience.

The new 76-count box of Keurig®-compatible Organica pods are now available for a limited time in select Costco locations across Ontario.

This large-format pack provides an affordable and convenient way for coffee lovers to enjoy Zavida’s premium, organic coffee every day. The medium-dark roast pods, made with 100% Organic, Rainforest Alliance certified beans, align with growing demand for high-quality, sustainably sourced coffee.

“We’re excited for this new product to join our other products currently available at Costco,” said Aurelio Calabretta, President of Zavida Coffee Roasters, “this new format offers even greater value, giving Costco members the chance to enjoy our sustainably sourced coffee in the single-serve format without compromising on quality.”

In addition to expanding its Costco offering, Zavida is introducing three new all-natural, sugar-free flavours to its Organica line: Dark Chocolate, Buttery Caramel, and Madagascar Vanilla.

“These new flavours bring a fresh, gourmet twist to Zavida’s collection and introduce premium, naturally-flavoured organic coffees to the Canadian market,” said Darlyn Reyes, Senior Director of Marketing and eCommerce.

“At Zavida, we’re passionate about offering something for every palate, whether it’s our premium Organica line or our classic Zavida favourites. This launch underscores our commitment to innovation; giving consumers the freedom to enjoy coffee that suits their lifestyle while staying true to our long tradition of quality.”

De’ Longhi: in Q3 revenues of €805.5M, +14.0%, over 60% of turnover from coffee, while La Marzocco confirms its leadership

Over the nine months, the Group reported:

CEO Fabio de’ Longhi commented:

During the first nine months of 2024, the Group De’ Longhi achieved a revenue expansion of 11.6%, supported by like-for-like growth at constant exchange rates at a mid- single-digit rate, along with the seven-month consolidation of La Marzocco.

In details, in the third quarter:

In the quarter:

The Group closed the third quarter with an active Net Financial Position at 30 September of €266.1 million, down in the nine and twelve months due to the net absorption of €432.2 million in relation to the closing of the business combination of professional coffee and distributed dividends.

De’ Longhi Group results in detail

La Marzocco wins the Best Coffee Equipment Supplier – Europe award at the 2024 European Coffee Symposium & Coffee Hospitality Show (CoHo)

Coffee futures rally ahead of EU’s crucial vote on EUDR

Caffè Borbone: revenue is up 9.9% to 243.1 million euro, margin on sales above 20%

Revenue is up 9.9% to 243.1 million euro for Caffè Borbone, which continues on its development trajectory in strategic channels, with a particularly positive performance in large-scale retail, online and foreign markets.

Among the Portfolio Companies, in the food sector Caffè Borbone is growing in terms of revenue.

Ernesto Illy International Coffee Award addressed the future of coffee at the UN Headquarters in New York

Nescafé Dolce Gusto adds Nescafé Gold Blend pods to its range available in the UK

Alraedah announces strategic partnership with Methods Coffee Shop

Dutch Bros celebrates Passenger Princesses on National Princess Day

Victor Allen’s Coffee launches new Victor Allen’s premium coffee pods in a 60-count variety pack

Zavida Coffee Roasters expands Organica Line at Costco Canada

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Arabica coffee futures reach the $3 mark, while USDA reduces its estimate for Brazilian production

Starbucks may be interested in selling a stake of its Chinese business to local partners