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Illycaffè Celebrates 90 Years of Superior Coffee and Sustainability

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Illycaffè Celebrates 90 Years of Superior Coffee and Sustainability

A Legacy of Quality

Trieste-based coffee brand illycaffè recently celebrated its 90th anniversary, highlighting its commitment to superior quality and sustainability. With a strategic business model and a focus on innovation, illycaffè has become one of the world’s most prestigious coffee brands.

A Sustainable Business Model

Since its inception, illycaffè has been dedicated to sustainability. In 2019, the company adopted the status of Benefit Company, further strengthening its commitment. In 2021, illycaffè became the first Italian coffee company to obtain international B Corp certification. The company has also been recognized as one of the World’s Most Ethical Companies since 2013.

Art and Beauty in Every Cup

What sets illycaffè apart is its dedication to art and beauty. From the logo designed by James Rosenquist to the illy Art Collection featuring the works of over 125 international artists, every aspect of illycaffè is enriched with creativity. Even the coffee machines are designed by renowned international designers.

Continuous Innovation

Illycaffè’s commitment to quality extends to every step of the coffee-making process. From careful selection and innovation in coffee sourcing to roasting and packaging, illycaffè utilizes a patented natural pressurization technology that is exclusive to the company. This ensures that every cup of illy coffee delivers an exceptional experience.

A Global Presence

Illycaffè’s reach extends to over 140 countries, where 8 million cups of illy coffee are enjoyed every day. The company is present in various establishments, including bars, restaurants, hotels, single-brand cafés, homes, and offices. With branches and distributors worldwide, illycaffè brings the best coffee in the world to people everywhere.

The Future of illycaffè

Looking forward, illycaffè continues to grow and expand internationally. In 2021, global private equity firm Rhône Capital acquired a minority stake of 20% in the company, supporting its international growth. With a consolidated turnover of €567.7 million in 2022, illycaffè remains a leader in the coffee industry. The company’s single-brand network includes 190 points of sale in 34 countries.

As illycaffè celebrates 90 years of excellence, it remains committed to delivering the highest quality coffee while upholding its values of sustainability and artistic expression. With every cup of illy coffee, you’re not just enjoying a delicious beverage – you’re experiencing a masterpiece.

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Coffee Industry and News

Revolutionizing the Coffee Industry: Schaerer Unveils Cutting-Edge Concepts at Internorga

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Revolutionizing the Coffee Industry: Schaerer Unveils Cutting-Edge Concepts at Internorga

Embracing Quality and Technology

In the ever-evolving world of coffee, Hansjürg Marti, Managing Director of Schaerer Germany, emphasizes the importance of investing in coffee concepts that cater to the increasing cost pressures in the catering industry while meeting the rising demands of quality-conscious guests.

Innovative Solutions on Display

At the Internorga exhibition in Hamburg, Schaerer is showcasing cutting-edge coffee concepts that focus on individualization, digitalization, and efficiency. From loyalty apps to automated cleaning processes, Schaerer is paving the way for a new era in coffee business.

Redefining the Coffee Experience

By integrating digital solutions and innovative self-service concepts, Schaerer is leading the charge in revolutionizing how customers interact with coffee machines. The company’s loyalty app, developed in collaboration with Geneva-based family business mia&noa, is set to transform the way operators enhance the coffee experience.

A Legacy of Swiss Excellence

With a history dating back to 1892, Schaerer AG, based in Zuchwil, Switzerland, is a global leader in fully automated professional coffee machines. The company’s commitment to Swiss values and coffee expertise is evident in its product offerings and customer-centric approach.

Driving Customer Satisfaction

With a focus on customization, quality, and customer satisfaction, Schaerer is dedicated to providing customers worldwide with the tools and knowledge to deliver unparalleled coffee enjoyment to their guests.

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Coffee Industry and News

Groupe SEB Reports Strong Financial Performance in 2023

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Groupe SEB Reports Strong Financial Performance in 2023

Positive Sales Growth Despite Currency Challenges

Groupe SEB announced a 5.3% increase in sales for 2023, reaching €8,006m. This growth was offset by a negative currency effect, largely due to the depreciation of several currencies against the Euro, including the Chinese yuan. The company’s revenue was also impacted by the integration of newly acquired companies.

Business Segment Performance

The Consumer business experienced a 3.2% growth, with improvements in all regions and a resilient Small Domestic Equipment market. The Professional business saw a remarkable 26.5% growth, driven by international expansion in Professional Coffee.

Financial Highlights

The Operating Result from Activity (ORFA) for 2023 was €726m, a 17.0% increase from the previous year. Operating profit rose by 22.0% to €667m. The net profit attributable to owners of the parent reached €386m, a 22.1% increase from 2022.

Improved Cash Flow and Debt Reduction

Groupe SEB generated a free cash flow of €805m in 2023, a significant improvement from the previous year. The company was able to reduce its net debt by €204m, leading to a stronger financial position.

Dividend and Future Outlook

The Board of Directors proposed a dividend per share of €2.62 for 2023, reflecting a 6.9% increase from the previous year. Looking ahead, Groupe SEB aims to maintain resilience in the Small Domestic Equipment market and drive growth in the Professional segment, with an operating margin target of close to 10%.

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Coffee Industry and News

American Coffee Brand L’OR Espresso Partners with Ferrari in Global Collaboration

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American Coffee Brand L’OR Espresso Partners with Ferrari in Global Collaboration

New Chapter in Racing

JDE Peet’s has announced that L’OR Espresso has joined forces with Ferrari in a new global partnership. This collaboration will bring L’OR Espresso into the world of the FIA World Endurance Championship (WEC), including the renowned 24 Hours of Le Mans.

Shared Values and Branding

The partnership is based on shared values of passion and craftsmanship, with L’OR Espresso branding prominently featured on the Ferrari 499P Hypercar and driver uniforms. The collaboration aims to celebrate the sensory experience and intensity that both racing and coffee bring to life.

Exclusive Coffee Experience

At WEC events worldwide, L’OR Espresso will be served using their Barista brewing systems in the Ferrari Hypercar team hospitality area, offering a unique coffee experience to racing team members, partners, and guests.

Limited Edition Coffee Range

The partnership will also lead to the launch of a special limited edition range of coffee and coffee brewers inspired by the shared passion and craftsmanship of both brands, bringing a taste of the racing world to coffee enthusiasts.

Exciting Future with Ferrari

L’OR Espresso will extend its partnership to the Ferrari Challenge Trofeo Pirelli, a prestigious championship uniting dream cars and passionate drivers on the world’s top tracks for over three decades.

Enthusiastic Responses

Fiona Hughes, Chief Marketing Officer at JDE Peet’s, expressed excitement about the partnership, highlighting the connection between L’OR Espresso and Ferrari in passion, intensity, and craftsmanship. Lorenzo Giorgetti, Chief Racing Revenue Officer at Ferrari, also shared enthusiasm for the collaboration, emphasizing shared values and a promising journey ahead.

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