News | Industry Updates Vending market growth to be offset by impact of COVID-19 The ongoing COVID-19 pandemic is responsible for a huge
drop in sales, vends and turnover in 2020 and at a much higher scale than during the economic and financial crisis in 2008. The 2021 EVA Market Report provides a fuller picture of this
crisis and its impact on the industry and identifies new opportunities to be found. The report identifies longer term trends within vending & OCS –
which should remain after the pandemic recovery – as well as providing for the first time more detail on payment systems, telemetry and beverage cups used in the industry.
Some selected facts revealed by the report include: • In Europe, vending machines sell 99 million food and beverage items every day;
• Hot beverages now represent 80% of the total market in terms of the number of vends;
According to the new European Vending & Coffee Service Association (EVA) market report, the vending industry was delivering sustained revenue growth in almost all European markets prior to the COVID-19 pandemic. The report provides the latest in-depth look into the European vending and office coffee service (OCS) industry and reveals the current and latest trends. Overall, the report – based on 2019 data – reinforces the positive
trend seen over the last few years that the vending market as a whole has been growing steadily. Indeed, total annual revenue rose an impressive 3.4% to €17.2 billion, while the machine fieldbase (number of machines) has grown 1.1% to 4.16 million. While solid growth is observed in 21 out of the 22 markets covered
in the report the EVA is very aware of the severe impact COVID-19 has brought to the industry since this Spring. For full context the new market report should therefore be read in conjunction with the EVA COVID-19 impact report, the association states.
• There are around 185 Europeans per vending machine but this varies dramatically from 60 people/machine in the Netherlands to 1,850 in Turkey;
• Over 80% of European machines are located in the workplace; • Ukraine has seen the largest market increase, with a fieldbase growth of 10.4% and a 28% growth in revenue within the last five years;
• Across European vending, paper cups are now (just) more common than plastic beverage cups, but significant individual market differences apply;
• Micromarkets have now been reported in 13 of the 22 markets covered, with Sweden and Russia leading the way.
This is the 8th edition of the market report on the industry
provided by the EVA, consisting of a European summary with an overview of 22 countries, as well as separate more detailed individual country market reports.
Selecta Group appoints new chief financial officer
Selecta Group BV, the route-based unattended self-service retailer in Europe, has appointed Philippe Gautier as chief financial officer (CFO) of the group. Philippe succeeds Andreas Schneiter, who joined the group in January 2020 as interim CFO and steppped down from the role at the end of October. Philippe has significant operational and corporate finance
expertise. He is an experienced senior finance executive with broad management experience working across consumer brands. He joins the group from SMCP, previously a KKR portfolio company and parent company of Parisian fashion labels Sandro, Maje, Claudie Pierlot and De Fursac, where he was group CFO and operations director, based in Paris. Prior to this he served as CFO and COO within the Kering Group for global brands Sergio Rossi and Puma in North America. Joe Plumeri, executive chair of Selecta Group, said: “We are delighted to welcome Philippe to Selecta as our CFO. Philippe is a highly experienced operator with a unique understanding of consumer brands. He joins Selecta at a pivotal time for the group as we finalise a comprehensive recapitalisation transaction to strengthen our balance sheet with the support of our investors. Building on the strong foundations we have in place as a business,
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Phillipe’s wealth of experience will help drive our long-term growth.” “I would also like to take this
opportunity to thank Andreas for his contribution over the last several months on behalf of the Selecta team. Andreas has been a key member during this eventful period, most notably in the balance sheet restructuring project, the re-alignment of the finance function and managing some of the financial impacts of COVID-19. It has been great to have him on the team and we wish him all the best for his future.” Christan Schmitz, chief executive of Selecta Group, commented: “Philippe brings a deep knowledge of omni-channel retail and a proven track record of delivering strong financial performance, realising growth opportunities and improving financial KPIs. I am looking forward to working closely with him to deliver our strategy and drive the transformation of the Group.”
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