Ferrero Group financial figures
Ferrero Group financial figures

Ferrero Group financial figures

FERRERO TODAY

An international presence

Born in 1946 as a small pastry shop in Alba, Italy, Ferrero is now present in more than 50 countries with 32 manufacturing plants across five continents. Our products are available in more than 170 countries.

Today, Ferrero and its related companies consist of over 46,000 collaborators from more than 120 different nationalities.

Key Figures box 1
Our Financial Performance
In a changing environment, Ferrero continues to grow year on year, and is today the third largest chocolate confectionery company in the world.

 

  • The Ferrero Group closed the financial year, which ended on 31 August 2023, with a consolidated turnover of 17 billion euro, an increase of +20.7% compared with the previous year’s turnover of 14 billion euro. Despite the challenging economic and geopolitical environment, the Group was able to continue its robust growth and consolidate its market share across categories and regions thanks to the resilience of its people, brands, and business model
  • Our iconic brands such as Nutella®, Ferrero Rocher®, Kinder Bueno® and Kinder Joy® achieved net sales growth, driven by the USA and Italy, accompanied by the consolidation of market shares in most of the regions.

 

Key Figures Box 2
Continuous Growth and Improvement
To fuel growth, the Ferrero Group also completed some key initiatives such as:
  • Continuing to increase investments in our iconic brands and strengthening our internal R&D.
  • Expanding our production capacity activities to meet consumers’ increasing demand for our products, with total capital investments amounting to 830 million euro, the main investments being property, plant and equipment (733 million euro), for our plants in Italy, the USA, Germany and Poland.

These investments represent our continuous approach to improving the quality, freshness and food safety of our products while maintaining competitiveness and reducing the environmental impact of our production.

Key Figures box 3
The Hazelnut Company
Our aim: ensuring high-quality
and sustainable hazelnuts

The Hazelnut Company is a unique function within Ferrero, involved in every aspect of the hazelnut value chain, from farm to factory. It consists of five agricultural companies present in Argentina, Australia, Chile, Georgia and Serbia. It also has seven hazelnut processing plants across Türkiye, Italy and Chile.

Find out more at: www.ferrerohazelnutcompany.com

50

The Ferrero group
is present in more than
50 countries

170

Products sold in over
170 countries

31

Production plants
in 5 continents

7

Hazelnut processing plants
and 5 agricultural
companies

THERE IS STILL
A LOT TO DISCOVER

Ferrero began its journey in the small town of Alba in Piedmont, Italy, in 1946. Today, it is one of the world’s largest sweet-packaged food companies, with over 35 iconic brands sold in more than 170 countries. The Ferrero Group brings joy to people around the world with much-loved treats and snacks, including Nutella®, Kinder®, Tic Tac® and Ferrero Rocher®. More than 46,000 employees are passionate about helping people celebrate life's special moments. The Ferrero Group’s family culture, now in its third generation, is based on dedication to quality and excellence, heritage, and a commitment to the planet and communities in which we operate.