Caffè Nero says growth is ‘steady’ but coffee prices are likely to rise

Caffè Nero's strategy to pause acquisitions suggests a cautious approach in the face of rising operational costs and geopolitical instability. The decision to focus on expansion in existing markets while maintaining a close eye on pricing dynamics reflects a balancing act between growth ambitions and the realities of the current economic climate. As coffee prices rise, the company's ability to maintain its customer base and profitability will be tested, making their expansion plans all the more critical.