Kerry Group’s steady results signal global bounceback

The company has announced the sale of some of Ireland’s oldest food brands, such as Denny and Galtee, to US food giant Pilgrim’s Pride

Edmond Scanlon, Kerry’s chief executive, said the company saw strong growth in retail channels Credit: Bryan Meade

Nothing says the global economy is beginning to bounce back like a predictably steady set of half-year results from Kerry Group.

In the ups and downs of capital markets, Kerry has shown a talent for delivering consistent and unsurprising financial results, quarter after quarter, over the course of its 35-year history on the stock market.

On Friday, the flavours and nutrition giant served up more of the same, posting double-digit profit growth for the first ...