Iced Drinks and Matcha Fuel Record Summer Sales for The Nero Group
Dubai – Qahwa World
London – The Nero Group, operator of several well-known coffeehouse brands, has reported its strongest-ever summer performance, with iced beverages and matcha-based drinks driving substantial sales growth across its network.
The company achieved £166 million ($220 million) in revenue during the first quarter ending 31 August 2025, marking a 9% increase compared to the same period last year. Like-for-like sales rose by 6%, reflecting solid customer demand across all key markets.
The Group’s leading brand, Caffè Nero, recorded its best-ever first-quarter performance in the United Kingdom, generating £97 million ($128 million) in sales — a 7% year-on-year rise. Across the group’s five coffee chains, summer sales of iced beverages surged 49%, supported by the growing popularity of iced matcha options introduced this year.
According to The Nero Group, its seasonal menu expansion — particularly the launch of iced matcha — played a pivotal role in attracting new and returning customers. More than 1.3 million cups of matcha drinks were sold during the summer months alone.
“The opening quarter has been outstanding, giving us a very strong start to our financial year. Our iced drinks campaign, especially our matcha and iced coffee selections, resonated extremely well with customers,” said Gerry Ford, the group’s Founder and CEO.
The company added 13 new stores during the quarter, expanding its global footprint to 1,150 outlets across its five brands: Caffè Nero, Coffee#1, 200 Degrees, Harris + Hoole, and FCB Coffee. The UK remains its largest market, with over 630 Caffè Nero locations and nearly 200 outlets under its other banners.
Beyond the UK, Caffè Nero continued to perform well across Europe and the United States, with particularly strong results in Turkey, Sweden, Ireland, and Cyprus. In the US, the brand now operates 41 stores, primarily in Boston, Massachusetts, where trading remains robust despite intense competition.
Founded in 1997, Caffè Nero has grown into one of the most recognizable European coffee chains, known for its premium café experience and strong community presence. The Nero Group’s performance this year builds on last year’s record £626.4 million ($853.1 million) in annual sales, supported by the acquisitions of 200 Degrees and FCB Coffee in late 2024 — both of which have strengthened the group’s position in the specialty coffee market.