Connect with us

Technology

FIRST HALF 2026 RESULTS RECORD REVENUE GROWTH (+19% AT CONSTANT EXCHANGE RATES) DOUBLE-DIGIT EBITDA INCREASE

Published

on

Consolidated revenues of €373 million, with record growth (+19% at constant exchange rates) compared to 2025 All main markets delivered double-digit growth, led by Italy (+19%), North America (+19% at constant exchange rates) and Europe (+21%), thanks to the expansion of all key distribution channels EBITDA of €53 million, up 10% year-on-year, driven by sustained organic growth despite cost pressure resulting from persistently high raw material prices

TRIESTE, Italy, Aug. 3, 2026 /PRNewswire/ — In the first half of 2026, the Group’s revenues amounted to €373 million, achieving revenue growth of 19% at constant exchange rates compared to the previous year (+17% at current exchange rates), supported by a significant increase in volumes across all main markets, particularly in its two strategic markets, Italy and the United States.

Despite continued inflationary pressure from elevated green coffee prices (approximately +20% compared to the previous year), EBITDA amounted to €53 million, up 10% year-on-year thanks to organic growth.

In the first half of the year, the Group entered into a strategic agreement with Westrock Beverage Company LLC in the United States for the development and packaging of a selected range of products intended for the North American market. At the same time, the expansion of the Group’s main production site in Trieste continued, culminating in the start-up of the new roasting plant.

Cristina Scocchia, Chief Executive Officer of illycaffè, commented: “We closed an extraordinary first half, with revenues and EBITDA both increasing by double digits. This result reflects the quality of our strategic decisions and the value of our people, and demonstrates the Group’s ability to grow even in a particularly challenging market environment. This half-year period also marked a fundamental milestone in the plan to double Trieste’s production capacity with the start-up of the new roasting plant which, together with the multi-year strategic agreement with Westrock in the United States, will enable us to support the growth we expect in the coming years.”

In the first half of 2026, all main markets in which illycaffè operates grew compared to 2025. The Group further consolidated its leadership position in Italy in the premium segment of the market, recording revenues up 19% compared to 2025. The United States, the company’s second-largest market, grew by +19% at constant exchange rates compared to the previous year, while revenues in Europe rose significantly (+21%) compared to 2025.

All main channels recorded double-digit growth rates. In the physical channels, Ho.Re.Ca. and Modern Trade, performance was driven by distribution expansion and increased penetration. The online channel also grew significantly, supported by long-standing partnerships with leading e-tailers and strong consumer loyalty driven by subscription and loyalty programs.

illycaffè – An Italian family business founded in Trieste in 1933, illycaffè has always pursued the mission of offering the best coffee in the world. It produces a single 100% Arabica blend made up of 9 different ingredients. Every day, more than 10 million cups of illy coffee are enjoyed in bars, restaurants, hotels, monobrand cafés, homes, and offices in over 140 countries, where the company operates through subsidiaries and distributors. Since its inception, illycaffè has directed its strategies toward a sustainable business model, an effort strengthened in 2019 by adopting Benefit Corporation status and in 2021 by becoming the first Italian coffee company to obtain international B Corp certification. Everything that is ‘made in illy’ is enriched with beauty and art, starting with the logo designed by James Rosenquist, the illy Art Collection, cups decorated by more than 135 international artists, and coffee machines designed by world-renowned designers. With the aim of spreading a culture of quality to growers, baristas, and coffee lovers, the company established its University of Coffee, which currently offers courses in 24 countries worldwide. In 2025, illycaffè generated consolidated revenues of €700 million.

View original content to download multimedia:https://www.prnewswire.com/news-releases/first-half-2026-results-record-revenue-growth-19-at-constant-exchange-rates-double-digit-ebitda-increase-302841336.html

SOURCE illycaffè

Continue Reading

Technology

Century Fasteners Corp. Exhibiting at the 2026 International Fastener Expo

Published

on

By

Century Fasteners Corp. and Cherry Aerospace Relationship Showcased at the 2026 International Fastener Expo – October 7th-9th, 2026.

ELMHURST, N.Y., Sept. 21, 2026 //PRNewswire// — Century Fasteners Corp. (www.CenturyFasteners.com) is an authorized distributor for Cherry Aerospace (www.CherryAerospace.com).

Century Fasteners Corp. will exhibit at the 2026 International Fastener Expo (https://fastenershows.com/) in Phoenix, AZ, October 7th–9th, 2026, where Century will showcase its capabilities and relationship with Cherry Aerospace at Booth 2756.

In addition to making world-class Cherry products more broadly available to distributors and OEMs, the partnership expands Century’s existing services to the manufacturing community by enabling the company to provide deeper bill of material coverage to complement its product offering.

About Century Fasteners Corp.

Century Fasteners Corp. is a Master Distributor of fastener and consumable products to the military, aerospace, electronics, industrial, and commercial sectors. Founded in 1955, the AS and ISO certified company stocks more than 100,000 discrete parts, and offers a wide variety of value-added services, including VMI in-plant programs, custom kitting, and supply chain management solutions. Century Fasteners Corp. is an authorized stocking distributor for Cherry Aerospace (www.cherryaerospace.com). Service, Inventory, Integrity™

About Cherry Aerospace

Headquartered in Santa Ana, CA, Cherry Aerospace is a global leader in the design and manufacture of fastening systems for the aerospace industry. The Cherry® name is synonymous with aerospace fasteners, and the CherryMax® line of rivets is the most widely used in the industry. Cherry® Aerospace is well known for their industry leading blind rivets, blind bolts, rivetless nut plates, shear pin fasteners and installation tools. The company is a member of the SPS Fastener Division of Precision Castparts Corp.

For Cherry Aerospace and other product quotes for OEMs or Distributors, email the requirements to Century Fasteners Corp. at sales@centuryfasteners.com. To learn more about the products and services offered by Century Fasteners Corp., visit online at www.CenturyFasteners.com.

Media contact:

John Ringold – Director of Marketing
Century Fasteners Corp
800-221-0769
jringold@centuryfasteners.com
https://www.centuryfasteners.com/

Contact:
***@optonline.net

Photo(s):
https://www.prlog.org/13171987

Press release distributed by PRLog

View original content:https://www.prnewswire.com/news-releases/century-fasteners-corp-exhibiting-at-the-2026-international-fastener-expo-302885273.html

SOURCE Century Fasteners Corp.

Continue Reading

Technology

TMGM and Chelsea Football Club Extend Partnership into Fourth Year, Expanding into the Middle East

Published

on

By

SYDNEY, Sept. 22, 2026 /PRNewswire/ — TMGM and Chelsea Football Club today announced the extension of their partnership into a fourth year, with the collaboration expanding beyond Asia-Pacific into the Middle East.

Since 2023, TMGM has served as Chelsea FC’s Official Online Forex and CFD Trading Partner in Asia-Pacific. The extension advances a partnership spanning matchday visibility, original content and fan engagement.

Three Years of Shared Momentum

In 2026, the partnership reached a milestone when TMGM branding appeared on the back of Chelsea men’s match shirts during the FA Cup – a first in the club’s history. TMGM also joined Chelsea FC’s 2026 Asia-Pacific Pre-Season Tour as an Official Partner, with open training, pitch-side access and post-match tunnel experiences. The tour included a visit by Chelsea players Cole Palmer and João Pedro to TMGM’s Sydney headquarters.

Earlier in 2026, TMGM presented The Famous CFC in Bangkok, where hundreds of supporters attended a live match screening and an exclusive appearance by former Chelsea captain John Terry.

These milestones formed part of a wider programme of premium home-match hospitality, behind-the-scenes visits at Cobham and player-led content under TMGM’s “Trade like a lion” campaign.

A Broader Platform for Year Four

In year four, TMGM’s expanded regional rights will support brand visibility at Chelsea home fixtures, original content featuring players and legends, regional digital campaigns and a China-focused performance series. The programme will also continue through The Famous CFC in selected markets and offer TMGM clients further hospitality and behind-the-scenes access across Chelsea’s matchday, stadium and training environments.

“Over three years, our relationship with Chelsea FC has evolved from regional activations to high-profile moments, including visibility on the club’s FA Cup shirts and its Asia-Pacific tour,” said TMGM. “Entering our fourth year and extending into the Middle East creates opportunities to connect with more audiences through experiences that reflect the ambition of both organisations.”

Chelsea Football Club said: “TMGM has focused on bringing its clients and our supporters closer to the club through digital-first content and in-person events across Asia-Pacific to great effect. We are pleased to extend the partnership into a fourth year and look forward to building on its momentum across the region and also the Middle East.”

About TMGM

Founded in 2013 in Sydney, Australia, TMGM Group is the Official Regional Partner of Chelsea Football Club. As a broker providing global financial product trading, TMGM is regulated by ASIC (Australia), VFSC (Vanuatu), FSC Mauritius, and FSA (Seychelles).

Disclaimer: Investing in leveraged products carries high risks and is not suitable for all investors. You have no interest in the underlying asset. Read the Client Agreement and other disclosure documents set forth on our website. The above information is provided by TMGM Group (Trademax Australia Limited, ABN 76 162 331 311, AFSL 436416, Trademax Global Markets (SE) Limited, FSA licence number SD224, Trademax Global Limited, VFSC 40356 & Trademax Global Markets (International) Pty Ltd, Company No. 195323, Mauritius Investment Dealer Licence No. GB22201012). 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/tmgm-and-chelsea-football-club-extend-partnership-into-fourth-year-expanding-into-the-middle-east-302884310.html

Continue Reading

Technology

Ridgeway Pharmacy Statement Regarding Website Security Incident Involving Third-Party Vendor

Published

on

By

VICTOR, Mont., Sept. 21, 2026 /PRNewswire/ — Ridgeway Pharmacy, Ltd. (“Ridgeway”) is providing notice of an incident involving its pharmacy website, which was developed by a third-party vendor. Ridgeway identified operational issues on the website and promptly began an investigation with the assistance of external cybersecurity and forensic specialists. That investigation determined that a vulnerability in the vendor-supported website allowed an unknown third party to access the site using elevated privileges, and that certain information may have been accessible as a result. On August 21, 2026, Ridgeway determined that the information potentially involved may have included name, date of birth, address, prescription information, health information, insurance information, and, for a portion of the individuals, payment card information. Importantly, at no time did this incident involve Ridgeway’s internal systems.

Ridgeway takes the privacy and security of information seriously and holds the third parties that support its services to that same standard. Upon learning of this matter, Ridgeway secured and remediated the affected website, stood up a new platform, further restricted access, strengthened monitoring, implemented additional protections against unauthorized activity, and reported the incident to federal law enforcement.

Written notice has been mailed to individuals whose information may have been involved, and out of an abundance of caution Ridgeway is offering complimentary identity protection services through TransUnion, a leading identity protection provider. As a general precaution, individuals are encouraged to review their account statements, health plan explanations of benefits, and credit reports for any unfamiliar activity, to enroll in the complimentary services described in their notification letter, and to report any unusual activity to their financial institution.

Individuals with questions may call Ridgeway’s dedicated toll-free assistance line at 1-833-516-7133, available 8am – 8pm (ET).

View original content:https://www.prnewswire.com/news-releases/ridgeway-pharmacy-statement-regarding-website-security-incident-involving-third-party-vendor-302884264.html

SOURCE Ridgeway Pharmacy

Continue Reading

Trending