Strong progress in transforming Fazer into a modern sustainable food company
Like the world around us, Fazer is also continuously transforming. 2017 was a year of renewal and innovation for Fazer. We have now published our Annual Review 2017 on fazergroup.com/annualreview
We have defined a new strategy for 2018–2022. Our focus for the coming years is on value creation through portfolio choices, growth, continued operational excellence and structural improvements.
Our ambition is to reach an annual net sales growth of 6-8 per cent and a Group EBITDA level of at least 12 per cent. We will be a modern, sustainable food company with a joint strategic direction. We aim to strengthen our consumer focus and establish ourselves as an innovative trend setter. Our target is to be in the top 2 in our categories in selected Northern European markets.
To reach our strategic targets, we build on our broad offering of high-quality products and services, the dedication and expertise of our personnel, high performance culture and our distinguished brands. We combine a strong heritage with bold innovations to offer superior tastes and memorable experiences. We will continue to ensure that sustainability has an important role in everything we do.
We welcome you to explore this, and much more, on our new online service. Read more about our strategy, performance, brands and corporate responsibility here
Fazer is an International family-owned company offering quality bakery, confectionery, biscuit and grain products, plant-based meals, non-dairy products, on-the-go food & drinks as well as food and café services. Fazer’s mission is Food with a Purpose. he Group operates in eight countries and exports to around 40 countries. Fazer’s success, ever since its establishment in 1891, has been based on the best product and service quality, beloved brands, the passion of its skilful people and the Group’s responsible ways of working. In 2017, Fazer Group had net sales of 1.6 billion euros and nearly 15,000 employees. Fazer’s operations comply with ethical principles that are based on the Group’s values and the UN Global Compact.
Makes the world taste good