Maxwell House International

Pluri’s Sustainable Cell-Based Coffee Addresses Critical Challenges Revealed in International Coffee Organization Market Report

Retrieved on: 
Thursday, March 21, 2024

Price instability and cost increases will impact coffee drinkers worldwide, as more than 2 billion cups of coffee are drunk each day, 400 million of them by Americans.

Key Points: 
  • Price instability and cost increases will impact coffee drinkers worldwide, as more than 2 billion cups of coffee are drunk each day, 400 million of them by Americans.
  • Pluri’s cell-based coffee aims to reduce price instability by moving coffee production into the lab, eliminating the effect of climate change and adverse weather conditions.
  • Pluri recently announced the launch of its cell-based coffee , its proprietary cultured coffee product business, part of its PluriAgtech vertical, addressing the $130 billion coffee industry.
  • To learn more about Pluri’s coffee see the recent article titled “Cell-Based Coffee Future-Proofs World’s Favorite Brew” in the leading peer-reviewed journal Nature Biotechnology.

GROWTH ACROSS ALL MAIN MARKETS PROFITABILITY STRONGLY ACCELERATING

Retrieved on: 
Tuesday, March 26, 2024

MILAN, March 26, 2024 /PRNewswire/ -- The Board of Directors of illycaffè S.p.A. approved the draft financial statements of the parent company illycaffè S.p.A. and the consolidated financial statements for the 2023 fiscal year.

Key Points: 
  • Adjusted EBITDA totaled €92.8 million, rising by 18.6% compared to 2022, reflecting organic growth and operational efficiency.
  • The net financial position improved to €122.2 million, improving by 20.8%, driven by increased operating profitability.
  • In 2023, the Group's revenues amounted to €595.1 million, marking a 5.7% increase at constant exchange rates compared to the previous year (4.8% at current exchange rates), driven by growth in all major markets.
  • Based on the achievements in 2023, illycaffè anticipates continued revenue growth and accelerated profitability for 2024, notwithstanding the complexities of the current macroeconomic and geopolitical landscape.

GROWTH ACROSS ALL MAIN MARKETS PROFITABILITY STRONGLY ACCELERATING

Retrieved on: 
Tuesday, March 26, 2024

MILAN, March 26, 2024 /PRNewswire/ -- The Board of Directors of illycaffè S.p.A. approved the draft financial statements of the parent company illycaffè S.p.A. and the consolidated financial statements for the 2023 fiscal year.

Key Points: 
  • Adjusted EBITDA totaled €92.8 million, rising by 18.6% compared to 2022, reflecting organic growth and operational efficiency.
  • The net financial position improved to €122.2 million, improving by 20.8%, driven by increased operating profitability.
  • In 2023, the Group's revenues amounted to €595.1 million, marking a 5.7% increase at constant exchange rates compared to the previous year (4.8% at current exchange rates), driven by growth in all major markets.
  • Based on the achievements in 2023, illycaffè anticipates continued revenue growth and accelerated profitability for 2024, notwithstanding the complexities of the current macroeconomic and geopolitical landscape.

On the occasion of International Coffee Day illycaffè presents Arabica Selection Brazil Cerrado Mineiro the first coffee certified regenagri® and coming from regenerative agriculture, the result of a relationship built over the years with local producers

Retrieved on: 
Friday, September 29, 2023

TRIESTE, Italy, Sept. 29, 2023 /PRNewswire/ -- illycaffè celebrates International Coffee Day by presenting Arabica Selection Brazil Cerrado Mineiro, the first coffee from regenerative agriculture and regenagri® certified, created together with the Federation of Cerrado Mineiro producers.

Key Points: 
  • TRIESTE, Italy, Sept. 29, 2023 /PRNewswire/ -- illycaffè celebrates International Coffee Day by presenting Arabica Selection Brazil Cerrado Mineiro, the first coffee from regenerative agriculture and regenagri® certified, created together with the Federation of Cerrado Mineiro producers.
  • In the Cerrado Mineiro region, where the company has been working hand in hand with local producers for over thirty years, the Arabica Selection Brazil coffee has been grown by applying the best regenerative practices certified regenagri®.
  • "The Arabica Selection Brazil Cerrado Mineiro is the result of the relationship we have built over the years with coffee producers and the Federation of Producers of Cerrado Mineiro.
  • We have shared the urgency of finding a solution to the effects of climate change," comments Cristina Scocchia, CEO of illycaffè.

Circle K Brews Up Free Coffee in U.S. Beginning Sept. 25

Retrieved on: 
Thursday, September 21, 2023

Circle K , the global convenience store chain, is brewing up free, award-winning coffee for customers ahead of National and International Coffee Day at U.S. locations.

Key Points: 
  • Circle K , the global convenience store chain, is brewing up free, award-winning coffee for customers ahead of National and International Coffee Day at U.S. locations.
  • Caffeine fanatics and loyal customers can celebrate with one free cup of coffee, any size* in store from Sept. 25 through Oct. 2 via the Circle K app.
  • Caffeine fanatics and loyal customers can celebrate with one free cup of coffee, any size* in store from Sept. 25 through Oct. 2 via the Circle K app.
  • *Offer is valid for one free coffee, any size, Sept. 25 through Oct. 2 at participating Circle K locations.

Boarding Pass Coffee on Track to Open Additional Location After Successful New Brand Launch on International Coffee Day

Retrieved on: 
Tuesday, October 18, 2022

MILTON, Ga., Oct. 18, 2022 /PRNewswire/ -- Boarding Pass Coffee, inspired by global travel and international coffee flavors, has rebranded to position itself for growth across local, national, and overseas markets. The award-winning coffee company, known for their specialty coffees and one-of-a-kind coffee tastings, also coincided their new brand launch with: 

Key Points: 
  • "Boarding Pass Coffee was born out of a love for travel and the connections you make around the world," said Murilo Santos, founder of Boarding Pass Coffee.
  • In addition to sourcing specialty coffee from around the world, Boarding Pass Coffee also offers five exclusive roasts from their own family coffee farm, the award-winning Fazenda Sant'ana in Serra Negra, Brazil.
  • Boarding Pass Coffee, a Georgia Grown company, was a finalist in the 2022 Flavor of Georgia competition, is a minority-owned company and a proud supporter of the International Women's Coffee Alliance (IWCA).
  • For more information about Boarding Pass Coffee, please call 770.674.1350 or email [email protected] .

'Brewed by Dallas' Live Art Installation Unveiled at Reunion Tower Using 1,400 Cups of Coffee

Retrieved on: 
Monday, October 3, 2022

DALLAS, Oct. 3, 2022 /PRNewswire/ -- This weekend, Odeko launched into Dallas by recreating the city's iconic skyline out of 1,400 Planet+ compostable cups of coffee.

Key Points: 
  • The installation, which was creatively timed to celebrate International Coffee Day on October 1, came to life in front of the iconic Reunion Tower.
  • "We look forward to helping independent coffee shops in Dallas continue to thrive and to relieve some of their stress on the back end."
  • The Latte Art Throwdown for the Dallas launch will be hosted on October 5 at Merit Coffee Co. on Main Street.
  • Independent coffee shop and cafe owners in the Dallas area can sign up and learn more through the Odeko website .

ILLYCAFFÈ CELEBRATES INTERNATIONAL COFFEE DAY WITH #CUPSIDEDOWN, THE COMMUNICATION CAMPAIGN DEDICATED TO THE CIRCULAR ECONOMY AS A RESPONSIBLE GESTURE TOWARDS THE PLANET

Retrieved on: 
Friday, September 30, 2022

Coffee is the second most traded commodity in the world, with a major impact on the economy and the environment.

Key Points: 
  • Coffee is the second most traded commodity in the world, with a major impact on the economy and the environment.
  • For this reason, drinking a cup of coffee is not merely a matter of taste, it must become a responsible gesture towards the environment.
  • On October 1st, illy will launch#cupsidedown, the campaign to raise awareness on the importance of the circular economy as an alternative to the traditional linear economy model.
  • In 2021, Rhone Capital became a minority shareholder of illycaff with the aim of contributing to the company's international growth plans.

On National Coffee Day, AI-Based Consumer Shopping Trends Analyzer Looks at Grocery Store Coffee Buying Habits

Retrieved on: 
Thursday, September 29, 2022

On the cusp of International Coffee Day , Saturday, October 1, Verify identified consumer trends and relationships between different products when purchased together.

Key Points: 
  • On the cusp of International Coffee Day , Saturday, October 1, Verify identified consumer trends and relationships between different products when purchased together.
  • The data clearly shows that coffee is usually purchased along with other staples water was first overall, then cheese, milk, and then colas.
  • Generally Dunkin drinkers prefer sweet products, they have both cola and chocolate in their top 5 and more sweets in their top 10 purchases.
  • Ice cream was the #2 product for Starbucks customers, but didnt crack the top 10 for the other coffee brands.

National Coffee Day Survey by Roasting Plant Coffee Finds Americans in the Dark About What Makes Coffee Fresh, Where Their Coffee is Roasted and How to Store It

Retrieved on: 
Monday, September 26, 2022

NEW YORK, Sept. 26, 2022 /PRNewswire/ -- A national survey of American millennial coffee drinkers conducted by Roasting Plant® Coffee just ahead of National Coffee Day (Sept. 29) and International Coffee Day (Oct. 1) uncovered big gaps in knowledge about what makes coffee fresh, how long to keep it and where to store it.

Key Points: 
  • Roasting Plant found that 62% of make-at-home coffee lovers store their coffee for three weeks or more, while only 12% keep it for a week or less.
  • 75% of coffee drinkers purchase ground coffee to make at home, the survey found.
  • Scientific research was cited from The Specialty Coffee Association and Zurich University of Applied Sciences, Coffee Freshness Handbook 2018.
  • Roasting Plant operates cafes in New York, Detroit, Denver, Minneapolis, San Francisco and London, and inside select The Fresh Market grocery stores.