Tchibo reports strong revenues, EBIT growth despite coffee price volatility

German coffee roaster and retailer Tchibo has posted strong full-year revenues and triple-digit EBIT growth following increased footfall across its European stores. The Hamburg-based coffee group, owned by holding company maxingvest ag, achieved 5% year-on-year revenue growth for the 12 months ended 31 December 2024 to reach €3.4bn ($3.9bn). In a press release, maxingvest highlighted rising coffee shop footfall as driving Tchibo’s revenue growth and profit margins, alongside a growing customer base and a notable increase in digital orders for its B2B channel.  However, the company also warned that green coffee price volatility would negatively impact Tchibo’s overall group earnings in 2025, with a decline in EBIT and a moderate sales growth forecast. Read more: https://lnkd.in/e9p-NVWT #worldcoffeeportal #coffeenews #businessinsights #coffeeindustry #coffeeandhospitality