Edmond Scanlon

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

Wed Jul 31 2024 - 07:26

Kerry Group revenues fall almost 10% as prices ease

Consumer demand ‘relatively subdued’ in first quarter

Thu May 02 2024 - 08:26

Kerry Group expects ‘modest input price deflation’ in second half

Revenues at food tech and ingredients giant rose 1.6% to more than €4.12bn in six months to June

Wed Aug 02 2023 - 07:45

Kerry Group opens €38m food facility in South Africa

New 10,000sq m facility is designed to produce sustainable food for African continent

Mon May 09 2022 - 14:17

Kerry Group reaffirms 2022 guidance after strong start to year

Lifting of Covid-19 restrictions sees demand for Kerry products rise in Q1

Thu Apr 28 2022 - 07:57

From Russia with no love: The Irish firms trading behind Putin’s new Iron Curtain

Some of State’s biggest listed businesses have invested heavily in sanctions-hit Russia

Fri Mar 04 2022 - 05:28

Kerry ends year on strong note as it bounces back from Covid-19

Analysts reassured by growth in high margin taste and nutrition and recovery in foodservice

Wed Feb 16 2022 - 07:58

European shares end lower as IMF warns on cost of pandemic

Covid-19 worries weigh on airlines, while tech and energy stocks also fall

Thu Dec 09 2021 - 18:52

Kerry Group’s Scanlon mops up €1.1m of shares after price dip

First purchase in market by nutrition group boss after four years at the helm

Thu Dec 09 2021 - 14:00

Kerry Group rises to plant-based challenge

Food giant is betting big on taste and nutrition

Wed Nov 24 2021 - 11:00

Strong growth for Kerry Group, as food service and retail pick up pace

Reported revenue increased by 6.3 per cent in first nine months of the year

Wed Oct 27 2021 - 08:08

Kerry chief Scanlon unveils new growth targets

Group eyes increasing sales volumes by 6% annually

Wed Oct 13 2021 - 12:00

Kerry Group completes acquisition of Niacet for €853m

Company says the acquisition strengthens its position in the market with the addition of ‘complementary technologies’

Tue Sept 14 2021 - 16:32

Kerry Group’s trading profit up 13% to €357m in first half of year

Group also reports revenue increase of 4.9% to €3.6bn, reflecting volume increase of 9%

Fri Jul 30 2021 - 07:21

Why Covid-19 saw a rise in Iseq CEOs’ average pay

Median CEO compensation package falls almost 36 per cent to €1.2 million however

Fri Jul 23 2021 - 05:01

Kerry pushes deeper into fast-growing ingredients sector

Company’s sale of chilled meats and convenience division gives it a war chest for acquisitions

Sat Jun 19 2021 - 06:15

Pandemic pay: Who got a bump in their salary last year?

Covid-19 may have hit some pay packets hard, but the leaders of the Top 1000 may have fared better

Sat Jun 12 2021 - 12:00

‘Good momentum’ for Kerry’s business as group grows volumes

At-home consumption up as work practices change

Thu Apr 29 2021 - 07:47

Steep pay cuts for top management at Kerry

Chief executive Edmond Scanlon was paid €2.3m last year

Fri Mar 26 2021 - 15:26

Kerry Group dishes out €2.2m share award to executives

Food ingredients company gives top three executives shares under incentive scheme

Thu Mar 25 2021 - 18:05

Kerry chief insists acquisition strategy has delivered value for investors

Edmond Scanlon rejects report criticising firm’s buying programme

Tue Feb 16 2021 - 16:19

Kerry Group short-seller gives farmers food for thought in joint venture talks

Market Beat: Little hope of any deal until milk price issue is resolved

Fri Feb 12 2021 - 17:48

Kerry Group looking at selling food business for ‘billions’

Move may free up money for acquisitions in rapidly growing division Taste & Nutrition

Sat Dec 19 2020 - 06:00

Kerry Group considering options for consumer food business

Company is reviewing its ownership of Kerry Foods, which sells meat and dairy products

Fri Dec 18 2020 - 13:43

Kerry Group sees strong recovery in third quarter

Relaxation of Covid-19 restrictions boosts group’s food service business

Wed Nov 04 2020 - 08:02

Tourism Ireland boss Niall Gibbons ‘most influential’ Irish CEO on LinkedIn

Shunning social media ‘missed opportunity’ for business leaders – Reputations Agency

Tue Nov 03 2020 - 04:43

Pay for top Irish bosses jumps 18% ahead of Covid crisis

Covid-19 impact on shares, earnings and dividends set to weigh on remuneration

Fri Aug 14 2020 - 08:16

Profits down 17.5% at Kerry Group due to lockdown measures

Company also reported revenue of €3.4bn, which was a decrease of 4.3% compared to last year

Fri Jul 31 2020 - 08:08

Kerry Group pulls forecasts as Covid-19 hits restaurants

Consumer foods business benefitted from stockpiling by households in March

Thu Apr 30 2020 - 15:50

Kerry pressing ahead with agm next month despite Covid-19 crisis

Pay package of chief executive increased last year to just under €4 million, a rise of 55%

Mon Mar 30 2020 - 15:16

Exposed to coronavirus: How Irish business is coping with fallout

If the crisis continues much longer, there are fears some firms may face ‘significant stress’

Fri Feb 21 2020 - 05:00

Kerry’s Chinese sales set for 30% hit from coronavirus

Plants being run with a skeleton crew as it deals with fallout

Tue Feb 18 2020 - 11:15

African veteran’s devotion to Tullow stock may make him its saviour

Market Beat: Spurned Kerry take comfort as IFF-DuPont love-in gets off to shaky start

Fri Dec 20 2019 - 15:43

Kerry enlists Goldman to help seal largest Iseq company deal

Irish food group leading contender for $25bn DuPont nutrition business

Mon Dec 09 2019 - 10:31