The Italian coffee roaster achieved strong single-serve coffee sales and saw a recovery in out-of-home channels alongside robust international sales growth last year
Founded in 1997, Caffè Borbone has been part of the Italmobiliare group since 2018 | Photo credit: Caffè Borbone
Italian holding company Italmobiliare is seeking to consolidate Caffè Borbone’s position as one of Italy’s leading coffee pod and capsule manufacturers and increase its presence globally following 2022 steady sales.
Italmobiliare, which has a 60% stake in the Napoli-based coffee roaster, reported revenues of €263m ($279m) and a net profit of €39m ($41m) for Caffé Borbone last year.
Single-serve coffee remains Caffè Borbone’s primary revenue stream, with Italmobiliare crediting increased domestic coffee consumption during the pandemic for driving the coffee roaster’s 4% sales growth in 2022.
Italmobiliare noted a recovery in HoReCA sales channels following the easing of pandemic restrictions across Europe as driving 17% sales growth for Caffé Borbone’s wholebean coffee segment.
The Milan-based holding company added that Caffé Borbone achieved 22% sales growth in international markets last year and is seeking further global growth for the coffee roaster in 2023.
In March 2023, Modena-based banking group Bper Banca issued a €10m ($10.5m) loan to support Caffè Borbone’s domestic and international development plans.
A joint press release with Caffé Borbone said the funding would help boost the coffee roaster's production capacity with new Internet-of-Things (IoT) enabled and low environmental impact manufacturing technologies.
Founded in 1997, Caffè Borbone has been part of the Italmobiliare group since 2018.
Italmobiliare’s total full-year revenues reached €2.1bn ($2.2bn), an increase of 18% compared with 2021.
The holding company also operates cosmetic retailer Santa Maria Novella, dental clinic network Casa della Salute, outdoor apparel brand Tecnica Group, online wine retailer Callmewine and energy companies AGN Energia and Italgen.