Italian confectionery company Ferrero has posted an 18.1% rise in full-year net profit to €105.9m (US$124.9m) for 2002.

The company, which makes Kinder Surprise Eggs, Nutella and Rocher chocolates, posted operating profit up 17.5% to €218.9m. Turnover was up 5.5% to €1.7bn.

The company, which employs over 16,000 people worldwide, invested €59.3m during 2002, mainly in the construction of new plants and the purchase of production equipment, reported the Italian News Digest.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData