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Ferrero, strong growth in 2020 despite Covid

Consolidated turnover of € 12.3 billion (+7.8%), with investments of € 619 million

Ferrero International SA, the parent company of the Ferrero Group, closed the financial year at 31 August 2020 with a consolidated turnover of 12.3 billion euros, an increase of +7.8% compared to the previous year, which had recorded a consolidated result of 11.4 billion euros. "Despite the uncertainties caused by COVID-19, explains a note, the Ferrero Group has been able to successfully manage the...

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EFA News - European Food Agency