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CLARA MOSCHINI

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Record 2019 results for Lavazza thanks also to Mars Drink

Revenues + 18% and + 45% net profit, 2020 uncertain but "the Group is solid"

The Board of Directors of Lavazza Group has examined and approved the draft Annual and Consolidated Financial Statements at December 31, 2019, prepared in accordance with International Financial Reporting Standards (IFRS).Consolidated revenues stand at €2.2 billion, an increase of +18% on €1.87 billion the previous year, with 70% of turnover generated on international markets. This growth is the res...

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EFA News - European Food Agency
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