Ferrero International has closed the financial year with a consolidated turnover of ￡12.7bn($14.43bn), an increase of +3.4% compared to the previous year’s turnover of￡12.3bn.
Despite the uncertainties caused by the global Covid-19 restrictive measures that impacted the fiscal year 2020-202, in its latest full-year results ending 31 August, 2021, the Group said it adapted to the challenges of the pandemic by prioritising consumer and employee health and safety.
“The Ferrero Group has been able to demonstrate agility and resilience to guarantee operational continuity and delivering products to its consumers”, it said in its statement.
Ferrero International consists of 107 companies and 32 manufacturing plants worldwide, selling directly and via distributors in over 170 countries.
The Group’s average workforce in 2020-2021 was 34,374 employees, increasing from 34,121 employees in 2019-2020. While the headcount as of 31 August 2021 amounted to 38,767 employees, compared to 37,122 as of 31 August 2020.