Kerry maintains forecasts despite virus

Irish food company Kerry Group said today its performance to date and outlook for the year were in line with expectations.

Irish food company Kerry Group said today its performance to date and outlook for the year were in line with expectations.

The group would be seeking to make further acquisitions in 2001 to capitalise on its global resources, managing director Mr Denis Brosnan said in a statement to the group's annual general meeting.

Kerry was looking to boost it presence in global flavours markets and in the fast-growing nutrition sector, particularly in the areas of infant nutrition, clinical nutrition and health promoting products, Mr Brosnan said.

Kerry has spent euro 62.6 million on acquisitions in the flavours, seasonings and nutritional markets so far this year.