Shares in Kerry Group defy renewed Covid-19 global stocks selloff

Shares in Kerry Group defied a renewed sell-off for global stock markets as investors took heart in the resilience of its international food and flavourings operations.

An update from the company amid the Covid-19 pandemic showed that revenue rose 3.4% in the first three months, a period which covered the start of the lockdowns in many parts of the world from March onward, and at the same time, it maintained its trading margin.