Ferrero, an Italian confectionery giant known for its iconic Nutella brand, traces its origins back to 1946 when Pietro Ferrero created Giandujot, a chocolate product limited by post-war cocoa shortages. Michele Ferrero, his son, refined this recipe into Nutella in 1964, which has since propelled the company from its humble beginnings in Alba, Piedmont to a global empire with 36 factories spanning across the world.

In the fiscal year 2024/2025, the company reported a consolidated revenue of €19.3 billion, representing a 4.6% increase compared to the previous year. This growth trajectory reflects Ferrero's unwavering commitment to innovation and expansion as it commemorates its 80th anniversary. Giovanni Ferrero, chairman of the group, alongside CEO Lapo Civiletti, continues to drive a strategy focused on enhancing their product portfolio and venturing into new markets and categories. This proactive approach underscores the company's confidence in sustained growth and profitability.

As Ferrero amplifies its capital investments and engages in strategic acquisitions, it positions itself to not only fortify its existing product lines but also to explore new avenues within the competitive confectionery sector. The firm is adamant about maintaining its momentum, showcasing a robust business model that adapts to changing market conditions while staying true to its storied heritage of quality and innovation.