Ferrero Group issued its annual consolidated financial statement today for 2024-25, detailing significant progress around its growth globally, and especially in North America, it says.

Some highlights from the statement include:  

• The Group continued to evolve its portfolio through targeted category expansion and strategic brand innovation. Among the key developments in 2024/2025:
  • Launch of Nutella Plant-based to meet evolving consumer demand.
  • Expansion of Nutella to new categories with a frozen bakery range, including Nutella Crepes and Nutella Donut.
  • Extension of three local favorite North American confectionery brands into ice cream bars: Butterfinger, Baby Ruth, and 100 Grand.
  • Launch of Tic Tac Two, a new sugar-free, dual-flavor range.
  • Expansion into high-protein snacking with the acquisition of Power Crunch, a U.S. wafer protein bars brand.

To support its portfolio growth and expanded geographic presence, the Group continues to strengthen capabilities in key markets, it says. Highlights include:  

• In North America, Ferrero announced the scaling up of its Brantford, Ontario facility. This will create 500 jobs and will bring Nutella Biscuits production outside of Europe for the first time. The Group also opened a new Kinder Bueno facility in Bloomington, IL, supporting 200 new roles and 169,000 square feet of production capacity.
• In Europe, the Group further enhanced its manufacturing capabilities at the Villers-Écalles plant in northern France, the world's largest Nutella production site, to meet future demand.
• During 2024/25, the company announced the acquisition of WK Kellogg Co, including the manufacturing, marketing, and distribution of WK Kellogg Co’s portfolio of breakfast cereals across the U.S., Canada, and the Caribbean. As part of the acquisition, Ferrero welcomed 3,000 colleagues, bringing the overall Ferrero population today to more than 50,000 employees worldwide.

Daniel Martinez Carretero, CFO, Ferrero Group, says: “As we mark our 80th anniversary, Ferrero continues to bring joy to people around the world with our much-loved products and brands thanks to the commitment of all our colleagues. Our growth strategy of portfolio innovation and expansion into new categories and markets continues to deliver. The increased capital investment made in 2024/2025 and our recent acquisitions reflect our belief in the future and ability to invest for the long term. We’re further building capacity to innovate and serve local markets.”  

Ferrero Group is on the current Candy Industry “Global Top 100 Candy Companies” list. Click here to view the current “Global Top 100” rankings.