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MILAN – Despite the headwinds in the global coffee market, illycaffè closes 2025 with decidedly positive results and is preparing to start roasting its coffee also in the United States. Cristina Scocchia, CEO of the Trieste-based group, takes stock of the year coming to an end in an interview with Corriere della Sera, Italy’s leading daily newspaper.
The company posted double-digit growth and positive results in all markets and distribution channels. Scocchia emphasises that the decision to limit price increases for end consumers has paid off: “Despite skyrocketing raw material costs leading to lower margins, top-line business is growing.”
“Our strategy is working and we are satisfied with this year-end result. Despite the challenging and increasingly difficult context, we have not slowed down, but rather accelerated
Turnover for 2025 stands at around €690 million (US$808 million), up 10% on 2024. Double-digit growth was also achieved in Italy, which grew by 11%, and in the US, which grew by 19% at constant exchange rates,” said Scocchia in the interview.
Scocchia expressed particular satisfaction with the results achieved in the States, where everything is ready for the signing of an agreement with a U.S. partner to produce locally part of the coffee marketed in the US.
“We have completed a long and detailed process to find a partner: from the early months of the new year, we will produce in the U.S. 15-20% of what we sell there.
This move will allow us to be more flexible, have easier access to the supply chain and, last but not least, innovate, because we will be closer to the end consumer.”
“Europe is also doing well,” continues Scocchia
“Over the last 12 months, we have focused our attention and investments here, following the initial tensions linked to Trump’s tariffs. This has been driven mainly by the two acquisitions made during the year that is coming to an end: the Swiss distributor illy and Capitani coffee machines in Italy.”
“I have described Europe as a safe haven, and refocusing here has paid off: our turnover is up 22%, driven by countries such as Germany, France, and Spain.”
