29/05/2026
Andrea Illy, president of illycaffè, has confirmed that a stock exchange listing is "a possibility" but has not set a timeline. Speaking at the Trento Economics Festival, he said the company is "taking it one day at a time".
His comments reflect a careful approach from a major coffee business under growing pressure. Illy pointed to geopolitical uncertainty and volatile green coffee costs as defining features of 2025, a year he described as "one of transition" for illycaffè.
The financial picture, though, gives the company a credible foundation for a listing. The group reported €700 million in revenue for 2025, up 12% year-on-year, with growth across every key market. Italy rose by 14%, the US by 20%, and Europe by 23%. The brand also began roasting 15-20% of its US-sold coffee domestically earlier this year, signalling a deeper commitment to its second-largest market.
The wider coffee industry faces the same conditions. Coffee futures hit historic highs in early 2025 and have stayed volatile since, though analysts expect prices to ease on the back of a predicted record crop in Brazil. Conflict in the Middle East has added further cost pressure, pushing up logistics, fertiliser, and oil prices across the supply chain.
These factors have thinned margins and delayed investment decisions throughout the sector. The question is timing, and right now, illycaffè, like much of the coffee industry, is monitoring conditions carefully before committing to any decisions.
Read about this story and more in this week’s PDG News Recap 👉www.perfectdailygrind.com/2026/05/coffee-news-recap-29-may-2026