Trieste, Italy — Qahwa World
Italian coffee group illycaffè S.p.A. reported a solid performance for 2025, with group revenue rising 12% to €700 million (approximately US$817.2 million), supported by higher volumes across key markets including Italy, the United States, and Europe.
The company said it achieved its fourth consecutive year of strong organic growth despite a challenging environment marked by record-high green coffee prices and geopolitical uncertainty.
Financial Performance
- Revenue: €700 million (+12%)
- EBITDA: €90 million
- Net profit: €20 million
- Net financial position: €197 million
illycaffè attributed the financial position to higher raw material costs and continued strategic investments, including acquisitions completed during the year.
Commodity Pressure Remains High
The company highlighted significant pressure from coffee bean prices in 2025. Green coffee averaged 368 cents per pound, around three times the long-term historical average and more than 50% higher than in 2024.
illycaffè said it partially offset inflation through pricing strategies and cost-efficiency measures.
CEO Commentary
CEO Cristina Scocchia said the company maintained strong momentum despite external challenges:
“2025 was the fourth consecutive period of strong organic growth for the company, despite a particularly challenging external environment and the sharp rise in raw material prices.”
She added that the company continued strengthening its position across the value chain through targeted investments and integration.
Regional Performance
- Italy: +14%
- Europe: +23%
- United States: +20% (at constant exchange rates)
The United States remained a strategic priority market for the company.
Strategic Acquisitions
During 2025, illycaffè expanded its operations through two key acquisitions:
- Full acquisition of Swiss distributor Thalwil AG to strengthen its direct presence in European markets
- 80% stake acquisition in coffee machine manufacturer Capitani, focused on portioned coffee systems for the home segment
The company said these investments strengthen its integration across the value chain, from production to consumer-facing equipment.
Outlook
illycaffè said it expects 2026 to remain challenging due to geopolitical tensions and economic uncertainty. However, it plans to continue supporting growth through international expansion, marketing investment, and sustainable innovation.
