Massimo Zanetti Beverage Group reports 15% revenue growth in H1 2026

Massimo Zanetti Beverage Group (MZBG), the parent company of Segafredo, reported significant financial growth for the first half of 2026. Revenues rose 15% at constant exchange rates to 693 million euros, driven by increased volumes and a better sales mix in international markets. The group's EBITDA grew by 48% to 60 million euros, while net profit reached 10.5 million euros.

CEO Pierluigi Tosato stated that the company has successfully returned to a sustainable growth course, largely through improved production efficiency. The group aims to increase annual revenue from approximately 1 billion euros to 1.4 billion euros by the end of 2026, with EBITDA expected to rise from 50 million to 120 million euros. Additionally, the company is working to reduce its debt from 450 million euros to an estimated 300 million euros by year-end.

To mitigate rising coffee prices and bypass US tariffs, the group has concentrated its US-market production at its facility in Suffolk, Virginia. Segafredo continues to expand its global footprint with production sites in Thailand, Vietnam, Indonesia, and Brazil, and has recently consolidated its operations in Australia.