illycaffè posts record revenues, warns of mounting cost pressures

illycaffè kept its growth streak alive with another record revenue year, but the Trieste roaster is also sounding the alarm on the pressure building beneath the surface. The premium coffee brand posted 2025 revenue of €700 million, up 12% at constant exchange rates and 11% at current exchange rates, even as management warned that rising costs and market volatility have created a tough operating backdrop.

That tension matters because illycaffè has become a useful barometer for the high-end coffee aisle. When a brand with global recognition can still grow this quickly, it says premium demand has not cracked. When the same company starts talking openly about strain, it points to the harder part of the business, protecting margins while green coffee, logistics and currency moves keep shifting underfoot.

The latest figures follow a strong 2024, when illycaffè reported €630 million in revenue, up 6% from 2023. EBITDA reached €110 million, net profit topped €33 million and the net financial position improved to €109 million. The company said 2024 was its third consecutive year of robust organic growth, even with macroeconomic and geopolitical headwinds and persistently rising raw-material costs. In April 2025, it also handed out a €1 million bonus to more than 1,000 employees worldwide, a rare sign that the gains were being shared after a run of record results.

Cristina Scocchia has been blunt about the trade-offs. In April 2025, she said U.S. tariffs would force illycaffè to raise prices in the American market, even after the company tried to limit increases where it could while green coffee-bean costs climbed sharply. Bloomberg later reported that illycaffè planned to begin U.S. production in 2026, with 15% to 20% of sales in the country made locally. The company’s U.S. sales grew 19% at constant exchange rates in 2025, reinforcing why the market remains central to its next phase.

That push also explains the heavy investment now underway. Italian media reported that illycaffè’s new roasting plant is close to completion and tied to a €120 million, five-year plan to double production capacity. The company is trying to get closer to consumers, improve flexibility and reduce exposure to supply-chain disruption, logistics shocks and trade friction. For premium coffee, the message is clear: strong branding can still drive growth, but the price of staying premium is rising almost as fast as the beans themselves.