Business
Ferrero International S.A. has approved the Ferrero Group’s Consolidated Financial Statement for the year ending on August 31st, 2010.
The Group, led by the Chief Executive Officer, Giovanni Ferrero, operates with more than seventy affiliated companies (including thirty-eight business units, fifteen production plants and three social enterprises) in more than one hundred countries worldwide.
The Group has closed the year with Net Sales in excess of 6.6 billion Euro, representing an increase of 4.3% over the previous year, with an EBT of 893.
The Group employs 21,736 people worldwide, in line with the employment level during the previous year.
Investments in industrial capacity amount to 383 million Euro, representing 5.8% of Net Sales. The Group is constantly investing in innovation, research and development and has, in particular, recently been focusing on energy-efficient installations in Italy, Germany, Poland and Belgium. The Group is also contributing to the development of some of the poorest areas in the world through its Social Enterprises.
As a confirmation of the Group’s attention to fundamental ethical values, the Corporate Social Responsibility Report published last year was in line with the Sustainability Reporting Guidelines, established by the Global Reporting Initiative.
The Group, led by the Chief Executive Officer, Giovanni Ferrero, operates with more than seventy affiliated companies (including thirty-eight business units, fifteen production plants and three social enterprises) in more than one hundred countries worldwide.
The Group has closed the year with Net Sales in excess of 6.6 billion Euro, representing an increase of 4.3% over the previous year, with an EBT of 893.
The Group employs 21,736 people worldwide, in line with the employment level during the previous year.
Investments in industrial capacity amount to 383 million Euro, representing 5.8% of Net Sales. The Group is constantly investing in innovation, research and development and has, in particular, recently been focusing on energy-efficient installations in Italy, Germany, Poland and Belgium. The Group is also contributing to the development of some of the poorest areas in the world through its Social Enterprises.
As a confirmation of the Group’s attention to fundamental ethical values, the Corporate Social Responsibility Report published last year was in line with the Sustainability Reporting Guidelines, established by the Global Reporting Initiative.