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Ferrero Seeks To Invest In New Products, Market Segments

Published on May 1 2018 2:21 PM in A-Brands tagged: Trending Posts / Italy / Ferrero / Nutella / Paywall

Ferrero Seeks To Invest In New Products, Market Segments

Italian confectionery group Ferrero is seeking continued growth by investing in new products and entering new market segments, the company has revealed.

Turnover in the financial year to 31 August 2017 amounted to €10.5 billion, up 1.5% on the previous period, according to the consolidated financial report of Luxembourg-based holding Ferrero International.

Total investments were €744 million, mostly in property, plants and machinery in Italy, Germany, Poland, Canada and Luxembourg.

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