Stock Take
Lorcan Allen: Kerry Group must navigate its way out of the doldrums
After two London-based hedge funds took short-positions against the company over the last year, how can the taste and nutrition giant rekindle its drive from previous years?
In 2001, James J Kennelly, the Irish-American professor of business and management, published his book The Kerry Way, which outlined the extraordinary story of Kerry Group’s evolution from a small dairy co-op in rural Ireland into a global multinational worth billions.
Having started out from a caravan in a muddy field in Listowel in the 1970s, Kerry Group was built by a handful of plucky executives into one of Ireland’s most successful multinationals. Today, ...