Kerry Group reaffirms full year earnings guidance

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 61%

Malaysia News News

Kerry Group said its Taste & Nutrition division saw overall volume growth of 6.8% with strong growth across many developed markets in the first quarter, while Dairy Ireland saw volume growth of 0.7%.

In a trading update, Kerry reported group volume growth 5.6% for the three months to the end of March.

But it noted that as consumer preferences continue to evolve with increased demand for new food and beverage experiences, sustainability remains a key factor in purchasing decisions.Kerry said its markets remain highly dynamic with a good overall demand environment, despite current uncertain market conditions in places.

Edmond Scanlon, Kerry's chief executive, said the company was pleased with the start to 2022 despite challenging conditions in a number of markets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines