FOOD and ingredients group Kerry delivered results in line with expectations yesterday, recording pre-tax profits of €224 million.

SHARES in Dublin bucked the trend of European markets yesterday, closing 27.70 points stronger at 4689.49.

KERRY Group has spent $62 million on two acquisitions in the US, bringing its spending in the past six months to nearly $130m.

Kerry Group PLC said it has bought US based Da Vinci Gourmet and Crystals International for $62m (€52.6m).