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IVS Group S.A.: Interim Consolidated Report shows significant growth

GRAND DUCHY OF LUXEMBOURG – The Board of Directors of IVS Group S.A., convened on May 25th, 2017, and chaired by Cesare Cerea, reviewed and approved the Interim Consolidated Financial Schedule at 31 March 2017, showing a significant growth of the group’s results.

Autogrill: strong revenue growth (+5.1 percent) as of 30 April 2017

MILAN – The Board of Directors of Autogrill S.p.A. today examined and approved the consolidated revenue performance, as of 30 April 2017. Autogrill posted robust growth in the first four months of 2017. Global revenue growth was driven by the strong +4.8% like-for-like performance across the board.

Lavazza: Record year, with fundamental contribution from Carte Noire

LAVÉRUNE, France – Yesterday, the Lavazza Group shared its financial results for the year ending on December 31st, 2016 following the Board of Directors’ approval of the company’s Separate and Consolidated Financial Statements. Consolidated revenues, calculated according to the Italian GAAP and including the contribution of Carte Noire ...

Lavazza considering new acquisitions to help boost turnover, says CEO

MILAN – Italian coffee maker Lavazza is considering new acquisitions in a bid to increase its turnover to 2.2 billion euros over the next four years, CEO Antonio Baravalle said on Tuesday. Sales at the family-owned company rose 29 percent to 1.9 billion euros last year following the acquisition of French coffee brand Carte Noire and ...

Farmer Bros. Co. to present at the 18th Annual B. Riley Conference

NORTHLAKE, Texas, U.S. – Farmer Bros. Co. yesterday announced that it will present at the 18th Annual B. Riley Conference at the Loews Santa Monica Beach Hotel in Santa Monica, California, on Wednesday, May 24, 2017 at 2:30 p.m. PT (5:30 p.m. ET). Participating at the conference will be Michael H. Keown ...

SPoT Coffee announces increased debt conversion into common shares

TORONTO, Canada – SPOT COFFEE announces that its previously announced conversion of principal amount under the terms of two convertible debentures has been increased, as the holder of these debentures has agreed to convert the full principal amount of these debentures into common shares ...

Survey says: Starbucks likely to keep making gains in market share

SEATTLE, U.S. – Quoting a survey, UBS said in a note Friday Starbucks Corporation is well positioned for continued U.S. market share gains. The firm also delved on growth at its channel development segment and Chinese opportunities. The deduction was based on a global coffee survey of over ...

Olam International reports 26.6% growth in PATMI for first quarter of 2017

SINGAPORE – Olam International Limited (Olam, the Group or the Company) today reported improved year-on-year earnings for the quarter ended March 31, 2017 (Q1 2017). This was primarily due to improved operational performance, which offset higher depreciation and amortisation and finance costs resulting from ...

U.K. coffee chain Pret A Manger may be heading for Wall Street listing

NEW YORK – After opening shops across New York, U.K. sandwich and coffee chain Pret A Manger may be heading for Wall Street. The owner of Pret a Manger is reportedly exploring a listing on the New York stock exchange, as it eyes up expansion in the US coffee shop market.

De’Longhi reports first quarter results with revenues up 8.4% on year

TREVISO, Italy – The Board of Directors of De'Longhi S.p.A. has approved the consolidated results of the first quarter of 2017. The company’s CEO Fabio de’ Longhi stated:“we are pleased with the start of the year, especially the acceleration in organic growth, which shows the initial benefits of ...