Kerry Group revenues down 5.9% as lower prices hit food group
Food group raises full-year earnings per share guidance as other regions offset challenging markets in Europe
Food group raises full-year earnings per share guidance as other regions offset challenging markets in Europe
Consumer demand ‘relatively subdued’ in first quarter
Revenues at food tech and ingredients giant rose 1.6% to more than €4.12bn in six months to June
New 10,000sq m facility is designed to produce sustainable food for African continent
Lifting of Covid-19 restrictions sees demand for Kerry products rise in Q1
Some of State’s biggest listed businesses have invested heavily in sanctions-hit Russia
Analysts reassured by growth in high margin taste and nutrition and recovery in foodservice
Covid-19 worries weigh on airlines, while tech and energy stocks also fall
First purchase in market by nutrition group boss after four years at the helm
Reported revenue increased by 6.3 per cent in first nine months of the year
Company says the acquisition strengthens its position in the market with the addition of ‘complementary technologies’
Group also reports revenue increase of 4.9% to €3.6bn, reflecting volume increase of 9%
Median CEO compensation package falls almost 36 per cent to €1.2 million however
Company’s sale of chilled meats and convenience division gives it a war chest for acquisitions
Covid-19 may have hit some pay packets hard, but the leaders of the Top 1000 may have fared better
At-home consumption up as work practices change
Food ingredients company gives top three executives shares under incentive scheme
Edmond Scanlon rejects report criticising firm’s buying programme
Market Beat: Little hope of any deal until milk price issue is resolved
Move may free up money for acquisitions in rapidly growing division Taste & Nutrition
Company is reviewing its ownership of Kerry Foods, which sells meat and dairy products
Relaxation of Covid-19 restrictions boosts group’s food service business
Shunning social media ‘missed opportunity’ for business leaders – Reputations Agency
Covid-19 impact on shares, earnings and dividends set to weigh on remuneration
Company also reported revenue of €3.4bn, which was a decrease of 4.3% compared to last year
Consumer foods business benefitted from stockpiling by households in March
Pay package of chief executive increased last year to just under €4 million, a rise of 55%
If the crisis continues much longer, there are fears some firms may face ‘significant stress’
Plants being run with a skeleton crew as it deals with fallout
Market Beat: Spurned Kerry take comfort as IFF-DuPont love-in gets off to shaky start
Irish food group leading contender for $25bn DuPont nutrition business
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