Question · Q3 2025
Andrea Teixiera sought clarification on the $400 million synergy target, asking if it is incremental to JDE Peet's existing $500 million program. She also inquired about the breakdown of the $400 million, particularly regarding commodity hedging and procurement, and the conservatism of the guidance.
Answer
CEO Tim Cofer confirmed that the $400 million acquisition integration synergies over three years are incremental to JDE Peet's EUR 500 million cost-out program over seven years. Chief Transformation Officer and Supply Chain Officer Roger Johnson added that the synergy targets are underpinned by detailed plans across procurement, manufacturing, logistics, SG&A, and IT. He noted that while the coffee market is efficient, opportunities exist in technology and development, and further details on policies and action plans will be explored in upcoming clean room discussions.