Illycaffe CEO on Coffee Prices, US Market, IPO Prospects

Illycaffe CEO Cristina Scocchia told Bloomberg Television that an initial public offering remains a "strategic opportunity" for the Italian coffee roaster, though current economic conditions are not favorable for listing. Scocchia stated, "When the market conditions will improve, we will re-evaluate all the options including the IPO and we will decide if, when, and where to list the company," in an interview with Bloomberg's Francine Lacqua. The company also addressed coffee prices and growth opportunities during the discussion.

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