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CTH Invest Group reports Consolidated Financial Statements for the 2023/2024 Financial Year
Due to a change in the financial year, the prior consolidated financial statements covered a 20-month period. As a result, direct comparison with the current 12-month results is not considered relevant.
With operations spanning four continents, the CTH Invest Group operated 25 manufacturing plants as of August 31, 2024 . During the period, the Group's global average workforce reached 12,882 employees.
The Group's growth was driven by solid organic performance and strategic acquisitions, underscoring the continued success of its entrepreneurial vision and strategy led by its Shareholder, Giovanni Ferrero .
" " said Guido Giannotta , Director at CTH Invest S.A. " ."
CTH Invest S.A. is a Ferrero-affiliated Belgian Holding Company that owns Ferrara and Nonni's in the U.S., Fox's & Burton's Biscuits in the U.K, Fine Biscuits Company in
Europe , and Michel et Augustin in
France .
Ferrero Group and its Affiliates are the world's third-largest player in the chocolate confectionery market and hold the second position globally in the sweet biscuits category.
View original content:https://www.prnewswire.co.uk/news-releases/cth-invest-group-reports-consolidated-financial-statements-for-the-20232024-financial-year-302507823.html