Lavazza has reached €3.9bn in annual sales, despite a decline in its volumes traded.
Growing sales 15.7% in the year to 31 December 2025, the Italian multinational also boosted its underlying profits despite tighter margins.
Lavazza’s EBITDA swelled 8.8% to €340m even as its EBITDA margin was compressed 0.5 percentage points by a combination of factors that have impacted profits in the global trade.
The company blamed a “multi-year phase of strong pressure” on green coffee prices from climate change, a “very challenging” geopolitical context, logistics crises, the growth of financial speculation in commodity markets, and higher structural costs as headwinds drove prices up across the trade.
Lavazza’s sales growth, however, allowed it to boost profits despite the global squeeze. Taking home €92m in net profits, it ended the year with a net debt of €432m compared to €511m in 2024, an improvement it said reflected a good year of cash generation.
The company, which is present in more than 140 countries, has faced an uneven global market.
North American sales grew 26.9%, but volumes have been badly hit in core European markets, including France, where volumes fell 16.3%, and Poland, where the company registered a 26% collapse.
“We are operating in an economic context still marked by extreme volatility in coffee prices. It is becoming increasingly difficult to make forecasts, but the storm is not over yet,” said Lavazza Group CEO Antonio Baravalle.
“Despite the overall complex scenario, which has also led to a decline in sales volumes, we managed to close 2025 with positive results across our key financial indicators. However, we are not yet in calm waters: the volatility of the coffee market has now become structural, raw material costs remain under pressure, geopolitical tensions continue to reshape global balances, and the regulatory landscape adds further complexity.
“In this scenario, our priority remains to maintain discipline and focus, protecting our people, our brands and our ability to continue investing in the long term, while also preserving consistency in our positioning and the high-quality standards that have always distinguished the trust-based relationship with our consumers.”
Looking ahead, the key word remains “agility”, Baravalle added.
“True stability currently appears very far off,” he said.
“We will continue to invest to maintain a competitive advantage based on quality, sustainable innovation and industrial strength to strengthen our brands, consolidate the resilience of the supply chain and create long-term value.”
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