#None #Nutella #Ferrero Group #WK Kellogg

Ferrero Group's Financial Performance for FY 2024/2025

Ferrero Group, through its parent company Ferrero International S.A., recently unveiled its consolidated financial results for the fiscal year that concluded on August 31, 2025. The company reported a remarkable consolidated revenue of €19.3 billion, reflecting a notable increase of 4.6% from the previous year. This upward trend illustrates the successful execution of a long-term strategic vision set forth by Ferrero Group's Chairman Giovanni Ferrero and CEO Lapo Civiletti.

With a global presence marked by 36 production facilities, Ferrero employed nearly 48,697 individuals by the end of the fiscal year. Daniel Martinez Carretero, the company’s CFO, commented on these results, celebrating Ferrero's 80th anniversary and praising the commitment of their workforce in delivering happiness to consumers worldwide. He further noted that the company's innovation in product offerings and expansion into new categories and markets have yielded positive results.

During the fiscal year 2024/2025, several significant developments unfolded:

• - Expanded Product Offerings: Ferrero launched a plant-based version of Nutella to cater to growing consumer demand. Moreover, they broadened their frozen pastry categories with Nutella Crepes and Nutella Donuts.
• - Acquisition and Market Growth: In North America, popular brands like Butterfinger®, BabyRuth®, and 100 Grand® have now become part of Ferrero's portfolio. Additionally, they introduced a new sugar-free, two-flavor Tic Tac product.
• - Entry into New Markets: Ferrero made a strategic entry into the high-protein snack market by acquiring Power Crunch, a leading protein bar brand in the U.S.

To support its portfolio growth and enhance geographical reach, the group continues to reinforce its capacity in key markets. Notable achievements include:

• - Operational Expansion in North America: Ferrero plans to enhance the production capacity at its Brantford facility in Ontario, Canada, creating 500 new jobs and shifting Nutella Biscuit production outside Europe for the first time.
• - New Facilities: The completion of an extensive new Kinder Bueno facility in Bloomington, Illinois, which offers approximately 15,000 square meters of production capacity and 200 new jobs.
• - Increased Production Capacity in Europe: To meet future demand, Ferrero has expanded production capabilities at the Villers-Écalles factory, the world's largest Nutella production site, located in northern France.

Looking ahead, Ferrero announced the upcoming acquisition of WK Kellogg Co., which encompasses the production, marketing, and distribution of iconic breakfast cereal brands in the U.S., Canada, and the Caribbean. This acquisition, expected to be completed in the 2025/2026 fiscal year, will incorporate approximately 3,000 new employees, pushing Ferrero's global workforce past 50,000.

Founded in 1946 in Alba, Italy, Ferrero Group stands as a global leader in sweet packaged foods, recognized for its iconic brands such as Nutella®, Kinder®, Ferrero Rocher®, and Tic Tac®. Celebrating its 80th anniversary as a family-run business, Ferrero remains committed to innovation across all brands and categories, merging its rich heritage with modern advancements to promote sustainable and responsible growth.

As Ferrero navigates its next chapter, its long-term investment capability and focus on innovation aim to bolster its established presence in emerging market segments and drive future success.