JDE Peet’s raises full-year outlook following strong six-month trading

Latin America has emerged as a key market for the JAB Holding-backed coffee and tea group following the acquisition of Brazil’s Maratá’s in January 2024, with Peet’s Coffee also performing strongly in the US and China during the first half of 2024

JDE Peet’s has slightly raised its full-year revenue and earnings forecasts after posting robust half-year revenue growth across most markets.