Kerry Group | Business Post

Why Kerry Group may need to tell investors a better story

The company is in good health and delivering a fairly resilient performance but shares continue to take a hammering

Kerry Group unveils €300m share buyback programme in a bid to halt share price drop

The taste and nutrition giant has seen its share price plunge by almost 20 per cent this year to its lowest point in over six years

Markets update: Irish stocks plunge as investor concerns mount over Middle East conflict

Shares in some of the largest companies on the Irish stock exchange are down sharply this morning

The Week Ahead: Kerry Group to pay interim dividend to investors

The Business Post looks ahead to key events in the world of business

Lorcan Allen: Ireland’s 10 largest corporates report record €8.7bn in combined profits

An analysis of the half-year performance of the ten largest companies on the exchange shows that Irish blue-chip corporates have had a stellar first half of 2023

Talbot’s legacy: leading light for women bosses

The chief executive of the food giant has decided to step down after 10 years at the helm while she’s ‘still really enjoying the job’

Markets wrap: Dublin ISEQ sees marginal growth as US inflation came in softer than expected

After a day of flux, the Dublin exchange finished up a modest 0.6 per cent

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?

Greenvale hedge fund holds net short position against Kerry Group worth almost €75 million

New market filings show that the London-based hedge fund holds a net short position against 0.46 per cent of the taste and nutrition giant’s shares

Kerry Group posts modest half year growth, reaffirms profit outlook for 2023

Company says market conditions are ‘uncertain’ as the global food industry continues to grapple with soaring inflation

Kerry Co-op to table formal proposal on €360m deal with Kerry Group by year-end

Denis Carroll, chair of the farmer controlled investment company, has said that a formal strategic plan for the future of the co-op will be put to shareholders by the end of this year

Glanua plans 250 staff boost and launch in US market

Revenue at Galway water engineering firm has trebled, with sales set to hit €150 million this year

London hedge fund takes fourth short bet on Kerry Group shares

Greenvale Capital has taken a short position on 0.5 per cent of shares in the firm - the equivalent of €80 million - in the hopes prices will fall

Kerry Group acquires Colombia headquartered Proexcar for up to $62 million

Kerry Group has paid an initial consideration of $44 million for a 100 per cent share capital in the company

Edmond Scanlon says Kerry Group ‘well positioned’ in plant-based products market

The firm slowed down launch of new products in the second half of last year in order to refine its current offering in the vegetarian and flexitarian market

Kerry Group earnings jump to €1.2 billion, but post-tax profits down after suspension of Russian operation

Profit after tax at the food giant fell from €763 million in 2021 to €606.5 million, in part due to a non-trading charge of €124.2 million

Farmers revive €360m deal to acquire Kerry Group’s dairy arm

Original talks ended in acrimony after a rift developed within the board of the co-op over the valuation of the company and how it proposed to fund the transaction

Kerry Group fined a record $19.2m by US Justice Department over salmonella outbreak

The Irish food giant pleaded guilty and agreed to a €19.2 million fine after being charges connected to its manufacture of a Kellog’s cereal

Kerry Group narrows earnings guidance as profit margins tighten

The taste and nutrition giant warned against the “significant impact” soaring input cost inflation was having on its profit margins as it reported third quarter results

Leading London hedge fund takes €90m short bet against Kerry Group

The food ingredients giant’s shares have fallen in value in recent months, from a high of more than €126 a year ago to its current price of just over €100