Ferrero reaches 19.3 billion in revenues with strategic investments and acquisitions

Revenues at €19.3 billion, up 4.6%, for the Ferrero Group as it approves the Consolidated Financial Statements for the financial year 2024/2025 (ended 31 August) and prepares to celebrate 80 years since its foundation. "The strategy based on innovation, portfolio expansion and acquisitions has determined the continuation of success in 2024/25," writes the Group led by Giovanni Ferrero in a note.

The platform for future growth is supported by an increase in capital expenditure of approximately EUR 1.1 billion and the acquisition of WK Kellogg Co., which was finalised last September.

The figures released refer to the holding company Ferrero International S.A., one of the two pillars of the Group alongside the holding company CTH Invest S.A., which reuses a number of assets acquired by the Group in recent years and which last year approved its first consolidated balance sheet, for the financial year 2023/2024, at EUR 3 billion.

The Group led by Executive Chairman Giovanni Ferrero and CEO Lapo Civiletti maintained its global presence, with 36 production plants worldwide, and ended the financial year with a workforce of 48,697 employees. "Our growth strategy based on portfolio innovation and expansion into new categories and markets - explains Daniel Martinez Carretero, Chief Financial Officer of the Ferrero Group - continues to produce positive results. The increase in capital investments made in 2024/2025 and our recent acquisitions reflect our confidence in the future and our ability to invest for the long term."

"We are further strengthening our ability to innovate and cater to local markets," adds the Group's CFO. One example of this is the new product range launched in Italia last September, which covers both the historical brands - from Nutella to Kinder - and new business lines such as the Fulfill healthy bars.