Towards the 80th anniversary. Investments over one billion for the Group led by Giovanni Ferrero and Lapo Civiletti - Last September the deal on WK Kellogg in the United States.
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Revenues of 19.3 billion, up 4.6%, for the Ferrero Group which approves the consolidated financial statements for the 2024/2025 fiscal year (ended August 31) and prepares to celebrate the 80th anniversary of its foundation. "The strategy based on innovation, portfolio expansion, and acquisitions has determined the continuation of success in 2024/25," writes the Group led by Giovanni Ferrero in a statement. The platform for future growth is supported by an increase in capital investments of approximately 1.1 billion euros and the acquisition of WK Kellogg Co., concluded last September. The figures released refer to the Ferrero International S.A. holding, one of the two pillars of the Group alongside the CTH Invest S.A. holding, which manages a series of assets acquired by the Group in recent years and which last year approved its first consolidated financial statements for the 2023/2024 fiscal year, amounting to 3 billion euros. The Group, led by Executive President Giovanni ...