Ferrero Group Reports 4.6% Revenue Growth for FY 2024/25
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
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Should l Buy ?
Source: Yahoo Finance
- Revenue Growth: Ferrero Group reported a consolidated turnover of EUR 19.3 billion for FY 2024/25, reflecting a 4.6% increase year-over-year, which underscores the effectiveness of its innovation and market expansion strategies, solidifying its leadership in the global confectionery market.
- Increased Capital Investment: The Group made nearly EUR 1.1 billion in capital investments during FY 2024/25, aimed at enhancing production capacity and innovation capabilities to support future growth strategies, particularly in new markets and product categories.
- Acquisition and Expansion: Ferrero's acquisition of WK Kellogg Co. in FY 2024/25 increased its workforce to over 50,000 employees, strengthening its presence in the North American market and laying the groundwork for future product diversification.
- New Product Launches: The Group introduced Nutella Plant-based and a frozen bakery range, catering to consumer demand for healthier and diverse products, while also expanding production capabilities in North America, creating 700 new jobs.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
