Coffee operations in Brazil and strategic growth initiatives supported Strauss Group’s sales surge despite declining net profit.
July shipments surged, driven by favorable harvests, higher global prices, and strong demand from Europe and Africa.
Costa’s struggles with profitability and shifting consumer behavior could see Coca-Cola parting ways with the coffee chain.
The US$18 billion acquisition sets the stage for Keurig Dr Pepper to divide into two independent U.S.-listed companies.
Farm-gate prices stabilize as Uganda strengthens its position as Africa’s top coffee exporter with record shipments and revenues.