If the trend continues in the second half, the Italian-held group will have seen higher growth than in 2013, considering the last quarter is the best for sweets producers given the winter holidays.
Ferrero Romania, the local subsidiary of the group held by Italian billionaire Michele Ferrero, posted RON200 million revenue last year, up 7% on 2012.
Profitability, however, dropped in the first half. The importer of Nutella and Kinder posted RON3.5 million net profit, 38% lower than in the first half of 2013.
Ferrero’s brands have become some of the best-selling brands on the local market in the last few years. Kinder Bueno chocolate bar, for instance, is a top seller in its category, 10.7 million bars in 2013, according to ZF data.
The company whose brands include Ferrero Rocher, Kinder and Nutella does not have a production facility in Romania.
(English version by Loredana Fratila-Cristescu)