Horsemeat scandal hits Kerry Group

Though Kerry Group plc is not implicated in the horsemeat scandal, it has had an impact on sales of some of its frozen products, especially those containing processed beef, according to group chief executive Stan McCarthy.

Performance in the cheese slices category also reflected the decline in burger sales, he told the food giant’s AGM yesterday.

Pointing out that the group was chiefly involved in the manufacture of ingredients and flavourings, Mr McCarthy said frozen beef products accounted for a very small part of its overall operations.