Coffee

Cristina Scocchia (illycaffè): 'Behind every bean hours of research and selection'

The CEO of the roasting bigwig: against the perfect storm that is sweeping the industry, investments in innovation, quality and communication are needed

by Maria Teresa Manuelli

Cristina Scocchia, ad di illicaffè

3' min read

3' min read

"Explaining why we make every choice is today an act of transparency and responsibility towards consumers," says Cristina Scocchia, managing director of illycaffè, presenting "Why We Make It", the new international campaign that the Trieste-based company will launch on the occasion of International Coffee Day on 1 October. The campaign, made with commercials shot in the Trieste plant and immersive pop-ups in Milan and New York, stems from the desire to symbolically open the doors of the illycaffè world. "This spot is made only with Illycaffè employees and allows us to tell the various whys behind each cup," explains Scocchia. "We explain that we select only the best 1% of Arabica beans to guarantee superior and sustainable quality, we explain our quality controls that are 350 every day, we care about excellence".

The decision to focus on transparency is not accidental, but responds to an increasingly complex market context. Coffee is in fact experiencing a perfect storm: historically between 2015 and 2021 it cost between 100 and 130 cents per pound, 'now we are at 430 cents, four times the historical cost,' stresses the CEO. 'It is an epochal change, due to a mix of climate change, speculation, tariffs and the economic context.

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A situation that imposes on companies to 'squeeze margins', but also to 'raise prices'. "And at a time when people see that coffee is increasing, it is only right that they know the value of this bean, because behind a cup of coffee there is a story of competence, of quality.

Illycaffè's response to this perfect storm is therefore the acceleration of investment. Which is articulated along three lines. First, investment in innovation: 'We have launched the X-Caps, which is our proprietary, closed system, with a sustainable recycled aluminium capsule. In September, Coffee B, a capsule-free capsule, i.e. compressed coffee balls that become 100% compostable after use, will also arrive'.

The second lever is communication, with very important investments, after the summer collaboration with chef Massimo Bottura. The third concerns strategic investments, i.e. growth not by organic line but by M&A. In July, illycaffè acquired the Swiss distributor, while in September it announced an 80% stake in Capitani, a company from Como specialising in coffee machines. The acquisition of Capitani also responds to a positioning strategy to have more affordable machines. The aim is to offer 'no longer just coffee, but the illy system'.

On the geographical front, Europe acquires more strategic weight for the Trieste-based company. "In a world unfortunately characterised by trade barriers and tariffs at 15%, Europe is our safe haven," says Scocchia, recalling that the United States is the second market by turnover. Consequently, 'we have doubled our investments in certain countries such as Spain, France, Germany and England'.

The results for the first half of 2025 confirm the solidity of the strategy: consolidated revenues of EUR 319 million (+11%), Ebitda at EUR 48 million (+4%) and net profit at EUR 15 million (+9%). "Even Italy, a market that we consider mature, scores a plus 12%". For the second half of the year, however, 'we expect a contraction in margins' due to the impact of rising raw material costs. On the price front, 'we will not increase prices between now and the end of the year, unless there are further upward trends in raw materials'. One certainty remains: 'Today's cost increase will also weigh on 2026'.

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