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Lavazza Annual Report 2018: Financial Performance and Strategic Highlights

This document presents the Lavazza Group's Annual Report for 2018, detailing the company's financial performance, operational achievements, and strategic developments throughout the year.

Key Financial and Operational Performance

The Lavazza Group reported solid growth in 2018, with consolidated net revenues reaching €1.87 billion, an increase of 9.3% compared to the previous year. EBITDA stood at €197.3 million, reflecting increased operating profitability. The report details the financial statements for both the consolidated Group and the parent company, Luigi Lavazza S.p.A.

Strategic Acquisitions and Expansion

A significant part of Lavazza's 2018 strategy involved key acquisitions to strengthen its global presence and market position. These included the finalisation of the acquisition of the Mars Drinks business (now Lavazza Professional) and The Blue Pod Coffee Co. in Australia. These moves expanded Lavazza's reach in the vending and OCS sectors, particularly in North America and Europe.

Innovation and Infrastructure

The year also marked the inauguration of Lavazza's new headquarters in Turin, "Nuvola Lavazza." This state-of-the-art facility, designed with LEED Platinum certification, serves as a hub for innovation, collaboration, and cultural exchange, reflecting the company's global scope and commitment to its home city.

Commitment to Sustainability

Lavazza continues to integrate sustainability into its business operations, aligning with the United Nations' Sustainable Development Goals (SDGs). Initiatives include projects focused on environmental responsibility, ethical sourcing, and community engagement, underscoring the company's dedication to a sustainable future.

Company Structure and Governance

The report outlines the Lavazza Group's structure, including its board of directors, statutory auditors, and independent auditors. It also details the company's commitment to risk management and compliance with regulations.

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