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Lavazza, turnover drops and profit collapses in the year of the pandemic
Total 2020 revenues of € 2.085 billion (-5%), net profit € 73 million (-42%)
![Antonio Baravalle, Ceo Lavazza Group](https://www.efanews.eu/resources/big/a94bf3e4bddbb2cb9119439069db2193.jpg.webp)
Losses in foodservice offset by growth in retail. The Roadmap to Zero has been announced, a plan that will lead the Group to completely neutralize its carbon footprint by 2030.
hef - 18091
EFA News - European Food Agency
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EFA News - European Food Agency