Industry & Business

Ferrero Ireland Reports Rise in Profits

Ferrero Ireland Reports Rise in Profits

June 22
11:40 2016

maxresdefaultThe Irish branch of Ferrero, the Italian producer of Nutella, chocolate praline and Kinder Eggs, saw a rise in profits by 34% this year

Ferrero Ireland recorded €2.76 million in profits as compared to last year’s profits which amounted to €2.05 million the previous year.

Cost of sales also rose from €39.6 million to €45.6 million.

The Ferrero factory in Cork produces over half of the Tic Tacks sold around the world.

In Ireland 238 people are employed by the company, and over 34,000 worldwide. They sell  products in over 16o countries .

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