Kerry Group shares rise as growth forecast cemented

Kerry Group has maintained its strong earnings growth outlook for 2017 on the back of a solid performance in the first three months of the year.

In a trading update, released to coincide with its annual general meeting in Tralee, Co Kerry, yesterday, the food and nutrition group said the first three months of the year saw good growth in the core taste and nutrition division as well as its consumer foods arm.

Kerry’s share price rose by over 3% on the back of yesterday’s news.