Kerry Group posts 10.8% rise in pre-tax profits

Kerry Group today reported adjusted pre-tax profits of €449.1m for the year to end December, up 10.8% on the €405.4m for 2010.

In a preliminary trading statement issued this morning the company said revenue increased by 6.4% to €5,302.2bn on a like-for-like (LFL) basis, while business volumes were up 3.3%.