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Tea-and-coffee major JDE Peet’s has indicated the incoming new set of EU sanctions against Russia could affect its control of its local business in the country.
CEO Fabien Simon said the L’Or brand owner is back to its “long-term profitability algorithm, excluding Russia’s performance”.
Tea-and-coffee major JDE Peet’s has indicated the incoming new set of EU sanctions against Russia could affect its control of its local business in the country.