Markets are left cold by Kerry Group’s results

Growth remains slow due to market challenges

Stan McCarthy, chief executive of Kerry Group, at the launch of its interim management report for the half-year ended June 30, 2015. Picture: Chris Bellew/Fennells

Kerry Group has announced revenues of €3 billion for the first half of 2015 – slightly up on the same period in 2014 – but the company’s growth is slow while it remains beset by challenges in all markets, analysts say.

The market was largely underwhelmed by last week’s results. “It was fine, pretty much in line with expectation,” James Wyatt, an analyst with Exane BNP Paribas, told The Sunday Business Post.

“I ...