Kerry Group Reports Trading Profit Of €700m In 2015

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IT seems Kerry Group is in rude health according to news this morning.

The Group posted a trading profit of €700m last year, representing a 10pc increase on 2014 as the company’s preliminary results were published today.

The group’s revenue grew to €6.1bn, reflecting 3.8pc business volume growth. Kerry’s adjusted earnings per share grew by 8.2pc, up to 301.9c, while its total dividend for the year rose 11.1pc, up to 50c.

“In a record year of business development in 2015, the Group achieved a strong financial performance, delivering continued business margin expansion and 8.2pc growth in adjusted earnings per share,” said Kerry chief executive, Stan McCarthy.

Mr McCarthy said the company expects to achieve 6% to 10% growth in adjusted earnings per share in 2016 taking into account a 3% currency headwind at today’s exchange rates.


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