News & Videos - JDE PEETS

PRESS RELEASE Amsterdam, April 14, 2025 JDE Peet’s (EURONEXT: JDEP), the world’s leading pure-play coffee and tea company, today announced that it has repurchased 38,272 shares in the period from April 7, 2025 up to and including April 11, 2025. The shares were repurchased at an average price of EUR 19.73 per share for a total consideration of EUR 0.8 million. These repurchases were made as part of the EUR 250 million share buyback programme announced on March 3, 2025 . The total number of...

PRESS RELEASE Amsterdam, April 7, 2025 JDE Peet’s (EURONEXT: JDEP), the world’s leading pure-play coffee and tea company, today announced that it has repurchased 26,582 shares in the period from March 31, 2025 up to and including April 4, 2025. The shares were repurchased at an average price of EUR 20.41 per share for a total consideration of EUR 0.5 million. These repurchases were made as part of the EUR 250 million share buyback programme announced on March 3, 2025 . The total number of...

PRESS RELEASE Amsterdam, 31 March 2025 JDE Peet’s (EURONEXT: JDEP), the world’s leading pure-play coffee and tea company, today announced that it has repurchased 39,679 shares in the period from March 24, 2025 up to and including March 28, 2025. The shares were repurchased at an average price of EUR 19.80 per share for a total consideration of EUR 0.8 million. These repurchases were made as part of the EUR 250 million share buyback programme announced on March 3, 2025 . The total number of...

PRESS RELEASE Amsterdam, March 28, 2025 Certification Recognizes Company’s Achievements and Commitment to Pay Equity JDE Peet’s, the world’s leading pure play coffee and tea company, has been awarded the prestigious Fair Pay Leader certification by the Fair Pay Innovation Lab (FPI). This gold-standard certification recognises the absence of any significant differences in overall pay between genders across the company’s global workforce and is a testament to JDE Peet’s commitment to...

PRESS RELEASE Amsterdam, March 24, 2025 JDE Peet’s (EURONEXT: JDEP), the world’s leading pure-play coffee and tea company, today announced that it has repurchased 788,745 shares in the period from March 17, 2025 up to and including March 21, 2025. The shares were repurchased at an average price of EUR 18.67 per share for a total consideration of EUR 14.7 million. These repurchases were made as part of the EUR 250 million share buyback programme announced on March 3, 2025 . The total number...

PRESS RELEASE Amsterdam, 17 March 2025 JDE Peet’s (EURONEXT: JDEP), the world’s leading pure-play coffee and tea company, today announced that it has repurchased 1,303,975 shares in the period from March 10, 2025 up to and including March 14, 2025. The shares were repurchased at an average price of EUR 18.61 per share for a total consideration of EUR 24.3 million. These repurchases were made as part of the EUR 250 million share buyback programme announced on March 3, 2025 . The total number...

PRESS RELEASE Amsterdam, March 10, 2025 JDE Peet’s (EURONEXT: JDEP), the world’s leading pure-play coffee and tea company, today announced that it has repurchased 1,284,361 shares in the period from March 3, 2025 up to and including March 7, 2025. The shares were repurchased at an average price of EUR 18.25 per share for a total consideration of EUR 23.4 million. These repurchases were made as part of the EUR 250 million share buyback programme announced on March 3, 2025 . More details on...

PRESS RELEASE Amsterdam, March 3, 2025 JDE Peet’s (EURONEXT: JDEP), the world’s leading pure-play coffee and tea company by revenue, today announced the start of its share buyback programme to return up to EUR 250 million to shareholders in 2025, as announced on February 26, 2025 . The programme will start on March 3, 2025 and the maximum duration of the programme is up to the end of 2025, barring unforeseen circumstances. The main purpose of the programme is to reduce the capital of JDE...

JDE Peet's delivered strong 2024 results, exceeding elevated H1 guidance Increases shareholder returns through higher dividend and multi-year share buyback plan PRESS RELEASE Amsterdam, 26 February 2025 Key items 1 Organic sales up +5.3%, driven by 4.5% price and 0.7% volume/mix; Reported sales up 7.9% Organic adjusted gross profit up +6.1%; Reported gross profit up +7.9% Organic adjusted EBIT up +10.4% to EUR 1.3 billion Free cash flow of EUR 1,044 million; Net leverage at 2.7x Proposal to...

CFO Scott Gray to step down to join family in the US; Board appoints new CFO Ricard Barri Valentines appointed as Chief Marketing Officer PRESS RELEASE Amsterdam, 22 January 2025 JDE Peet’s (EURONEXT: JDEP), the world’s leading pure-play coffee and tea company by revenue, today announced changes to its Executive Committee. Scott Gray has decided to step down as CFO to be reunited with his family in the United States. After evaluating both internal and external candidates, the company has...

PRESS RELEASE Amsterdam, 12 December 2024 Company significantly boosts women in key leadership positions JDE Peet’s (EURONEXT: JDEP) is proud to have received the 2025 Catalyst Award, which recognises organisations that excel in advancing workplace inclusion and gender equity. This prestigious honour celebrates JDE Peet’s’ innovative approach to Diversity, Equity and Inclusion (DE&I), fostering a workplace where employees are empowered to thrive. According to Catalyst, JDE Peet’s’...

Seasoned FMCG industry executive tapped to drive growth and value creation at the world’s leading pure-play coffee and tea company Company reaffirms its 2024 outlook PRESS RELEASE Amsterdam, 21 October 2024 JDE Peet’s (EURONEXT: JDEP), the world’s leading pure-play coffee and tea company by revenue, today announced the appointment of Rafael (Rafa) Oliveira as Chief Executive Officer and stand-in Executive Director. Rafa Oliveira’s appointment is expected to take effect on 1 November...

PRESS RELEASE Amsterdam, 12 August 2024 JDE Peet’s (EURONEXT: JDEP), the world’s leading pure-play coffee and tea company by revenue, today announced that Luc Vandevelde will step down as Interim CEO and Chairman of the Board of JDE Peet’s, effective today, due to unforeseen matters that require his immediate attention. JAB Managing Partner and Chairman, Peter Harf, who has served as Non-Executive Director of the Board since the inception of JDE Peet’s, will assume the role of Interim...

Strong, broad-based performance across top-line, profitability and cash flow PRESS RELEASE Amsterdam, 31 July 2024 Key items 1 Organic sales up +3.6% (5-yr CAGR: +5.0%), driven by +2.4% price and +1.2% volume/mix Reported sales up +5.6% to EUR 4,210 million Organic adjusted gross profit up +9.0% Organic adjusted EBIT up +17.5% (5-yr CAGR: +4.4%); A&P slightly up organically Free cash flow of EUR 315 million; net leverage at 3.1x Underlying EPS of EUR 0.76; Basic EPS of EUR 0.74 FY 24 outlook...

PRESS RELEASE Amsterdam 18 April 2024 JDE Peet’s (EURONEXT: JDEP) has expanded its global effort to combat coffee-related deforestation by signing three Memoranda of Understanding (MOUs) with Peru, Honduras and Rwanda. This not only ensures continued access to the European market for smallholder farmers upon implementation of the EU Deforestation Regulation (EUDR), but crucially also fosters climate change resilience for coffee, which is imperative to ensuring that JDE Peet’s’ customers...

PRESS RELEASE Amsterdam, 28 March 2024 Commitment to target further reductions in Greenhouse Gas (GHG) emissions and specific Forest, Land, and Agriculture (FLAG) emissions JDE Peet’s (EURONEXT: JDEP) today has committed to newly validated Science Based Targets initiative (SBTi) targets as part of its Common Grounds sustainability programme . In line with the SBTi-validated targets and new Forest Land and Agriculture Science-Based Target-Setting Guidance (FLAG), JDE Peet’s is committed to...

PRESS RELEASE Amsterdam, 26 March 2024 JDE Peet’s (EURONEXT: JDEP), the world’s leading pure-play coffee and tea company by revenue, today announced the completion of the previously announced transaction under which the company has been granted a long-term global license to manufacture, market and sell Caribou consumer and foodservice coffee products, excluding Caribou coffeehouses. The transaction provides JDE Peet’s a strong platform to expand its premium coffee portfolio in the United...

PRESS RELEASE Amsterdam, 8 March 2024 Industry Veteran Luc Vandevelde Appointed Interim CEO and Nominated Chairman JDE Peet’s (EURONEXT: JDEP) today announced that Luc Vandevelde has been appointed Interim CEO of JDE Peet’s, effective 1 April 2024. Vandevelde will also become Chairman of the Board of JDE Peet’s after the next Annual General Meeting on 25 May 2024. Under Vandevelde’s leadership, the company will initiate a search process for a permanent CEO, evaluating both internal and...

PRESS RELEASE Amsterdam, 22 February 2024 JDE Peet’s (EURONEXT: JDEP) today announced that L’OR Espresso has entered into a new global partnership with Ferrari. The collaboration will see L’OR Espresso embark on a new chapter alongside the Ferrari in the FIA World Endurance Championship (WEC). The WEC is the world’s premier international sportscar championship and includes the legendary 24 Hours of Le Mans. The partnership between these two iconic brands is fuelled by the shared values...

Strong H2 23, marking the return to the long-term profitability algorithm PRESS RELEASE Amsterdam, 21 February 2024 Key items 1 Organic sales up +3.9% (H2 23: +4.3%), with positive volume/mix momentum in H2 Organic adj. EBIT up +1.1% (H2 23: +5.5%); up more than 6% FY when excluding Russia's performance Organic adj. gross profit increased +2.9% (H2 23: +4.7%), from premiumisation and efficiencies Free cash flow of EUR 522 million and leverage of 2.7x, despite currency headwinds Underlying EPS of...