Agri-Business
Taste and nutrition company, Kerry Group, has officially opened its newly upgraded facility in Georgia, US.
Formal complaints have been made to both the UK and Ireland financial regulators regarding a report...
Dairy
Kerry Group has become the latest processor to reveal its milk price for October supplies,...
Kerry Group revenue on a reported basis increased slightly by 0.4% to €6.1 billion (2015: €6.1 billion) and profits increased by 7.1% to €749.6m in 2016.
Kerry is the third co-op to set a milk price for October and it follows Lakeland Dairies and Glanbia in rising the price.
Kerry Group’s global Taste and Nutrition businesses achieved 3.4% volume growth in the nine months to the end of September 2016.
Irish agri-tech business BHSL today announced the appointment of Denis Brosnan as Chairman of the company.
Kerry Group has held its milk price for July supplies of milk, a spokesperson for Kerry has confirmed to Agriland.
Kerry Group revenue was broadly unchanged over the first half of the year at €3 billion reflecting good volume growth
Kerry has followed both Glanbia and Lakeland Dairies in cutting the milk price for its members for May supplies of milk.
Kerry Group Chief Executive Stan McCarthy has stepped back from an executive role with Kerry Co-op, a spokesperson for Kerry Group has confirmed.
Kerry Group is confident of delivering growth of 6-10% in adjusted earnings per share in 2016, the company has announced.
Kerry Group has finally won its protracted battle to acquire food manufacturer Breeo Foods.
Kerry is the latest co-op to set its March milk price, following Glanbia and Lakeland Dairies setting their prices earlier this week.
The top four executives in Kerry Group were paid a total of €10.5m in salaries, benefits, pensions and performance-related bonuses in 2015, which is up €2m.
Kerry Group has followed both Glanbia and Lakeland Dairies in holding the milk price for February supplies.
Kerry Group's share price has increased by over 10% in the past 12 months, with shares currently worth €75.
Trading profit at Kerry Group plc increased by 10% to €700m, in 2015, according to the global taste and nutrition and consumer foods group's, preliminary results for 2015.
The majority of co-ops have decided to hold the milk price for January supplies of milk.
Glanbia, Lakeland Dairies and Kerry Group have all held their milk price for December supplies of milk.
Kerry Group has decided to cut its milk price for November supplies, it follows Carbery with a 1c/L cut.
Kerry Group's sales in the first nine months of the year are up 3.2% compared to the corresponding period in 2014.
Kerry Group has announced the acquisitions of US-based Red Arrow Products, Island Oasis and Biothera Inc’s Wellmune business for US$735m (€646).
