Global customer focus for Kerry

KERRY Group’s strategy of aligning itself with the needs of its key global customers looks set to deliver solid growth.

A new report says the “go-to-market” plan will deliver solid growth in the years ahead for the group, which was founded in Tralee in the early 1970s.

Shares in the company rose 2.56% yesterday to €20. Davy Research, which wrote the report following a visit to the group’s key R&D centre in Beloit, Wisconsin, in the US, said the centre represents an “amalgamation of four US R&D centres that provide the group’s customers with a one-stop-shop for ingredients of thousands of products.