Kerry remains on track to deliver mid-teen growth

GLOBAL ingredients and consumer foods group Kerry said it remains on track to deliver mid-teen growth for the current financial year.

The Tralee-based multinational food group, said mid-teen adjusted earnings per share will be achieved in the current financial year as previously indicated. This will be done despite unfavourable currency movements and rising raw material costs.

In a trading update to the markets yesterday, Kerry Group said the momentum of the strong first-half year has been sustained into the third quarter.