Investor Relations

Global Ventures (GV)

Global Ventures (GV)


We created a new operating segment to house the acquisition of Costa Ltd. (closed in January 2019), as well as other brands, acquisitions and investments we feel we can scale globally. Global Ventures includes Costa coffee, Monster beverages, innocent juices and smoothies, and dogadan tea. In terms of revenue, the majority of Global Ventures consists of Costa coffee followed by innocent. Together they are ~90% of total Global Ventures revenue.



Business Model Economics
Costa Coffee Retail, Food Service and RTD Full P&L
Monster Distribution Coordination Agreements Fees
Innocent Finished Goods, Juices & Smoothies Full P&L
Doga NRTD Tea Full P&L

2019 Highlights

  • Successfully integrated Costa into the system.
  • Costa awarded UK’s favorite coffee brand award for the 10th consecutive year.
  • Costa Express platform continued to perform well with ~1,500 new machines installed in 2019, reaching the milestone of 10,000 machines globally.
  • innocent continues to expand through innovation (innocent plus) and new market entry (entered Japan in the second half of the year, with more expansion planned in 2020).