Brief: JDE Peet's Says New CFO To Start On May 19

JDE Peets NV

08/05/2025 07:07

May 8 (Reuters) - JDE Peets NV JDEP.AS:

NEW CFO, YANG XU, TO START ON MAY 19, 2025

BUSINESS PERFORMANCE UPDATE

AS GREEN COFFEE PRICES ARE HIGHER IN FIRST FOUR MONTHS OF 2025 VERSUS H2 24, IS CONSIDERING ADDITIONAL MEASURES, INCLUDING PRICE INCREASES

WHILE VOLUMES IN EUROPE WERE MATERIALLY IMPACTED IN JANUARY, FEBRUARY, SEGMENT WITNESSED STRONG VOLUME REBOUND SINCE MARCH

AS PART OF STRATEGIC REVIEW CO DIVESTED ITS TEA BUSINESS IN TURKEY TO EFOR HOLDING

HAS DECIDED TO DISCONTINUE ROLL-OUT OF L’OR BARISTA MACHINES IN THE US, TRANSFER MANAGEMENT OF L’OR CAPSULES US BUSINESS TO PEET’S

Source text: ID:nGNEbDcwsd

Further company coverage: JDEP.AS

 (Gdansk Newsroom)

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