Kerry Group | Business Post

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

Kerry Group agrees €107.5m deal to acquire cheese business from Kraft Heinz

The Irish taste and nutrition giant said it expected the deal to close in the coming months

French asset manager Amundi’s stake in Kerry Group now worth €491m

The French asset manager has upped its shareholding as analyst downplays a 20 per cent drop in the food giant’s share price

Kerry Group chief says ‘alternative proteins’ will drive future food trends

Edmond Scanlon says that with demand growing all the time, ‘there just isn’t enough protein there to feed people’

Kingspan exits Russian market

The building materials giant said it made the decision to exit Russia in early March

Kerry Group suspends operations in Russia

The company said it is ‘horrified’ at the escalation of the humanitarian crisis

Kerry Group vows to donate any profit in Russia to Ukraine relief efforts

The food firm says it doesn’t expect to make profit in Russia, but if it does it will be given to humanitarian causes in war-torn Ukraine

Analysis: How the invasion of Ukraine will hit global food security

While the fallout of the Russian assault on Ukraine is being felt in the energy markets, conflict in a region that supplies over a third of the world’s wheat could have serious consequences for the global food supply system

Kerry Group’s aborted €550m deal with Kerry Co-op could be revived

Edmond Scanlon, the Kerry Group chief executive, has said the company is still ‘open-minded’ about selling its legacy dairy arm

Kerry Group increases dividend as profits rebound for 2021

The taste and nutrition company saw its profits bounce back last year after enduring a challenging 2020

Switch of Kerry Co-op chair may inject new life into €700m deal

Frontrunner for the role has signalled he would heal rift with Kerry Group after negotiations collapsed in April

Kerry Co-op allows disgruntled shareholder to sell €500k of stock

The board of the organisation had previously attempted to block David Scannell from selling his shares, after he publicly criticised it

Cadbury’s Irish division pays sweet €100m dividend

Covid-19 helped fuel increase in sales of Dairy Milk, Toblerone and other chocolate bars last year

Kerry Co-op blocks sale of shares by investor who publicly criticised it

David Scannell has been told by the company board he cannot sell more than €500,000 worth of shares until he apologises for disparaging comments and promises never to rejoin the organisation again

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

Kerry Group posts double digit growth in half year profits

The company’s core taste and nutrition division recorded strong volume growth and health profit margin expansion in the first half of the year

Lorcan Allen: Time is running out for farmers to buy Kerry Group’s dairy arm

Talks between the farmer-controlled Kerry Co-op and the Kerry Group broke down in April. The group has restructured its dairy business and will probably try to sell it this year, but unless the Co-op can reorganise itself to return to negotiations, it may lose out

Kerry Co-op drops Davy as broker of choice after probe

After the Central Bank’s investigation into Davy bond deal, co-op approached Goodbody to handle placement of shares on market

Modest rise in Kerry Group shares after Niacet acquisition

€853 million acquisition of global leader in manufacturing preservation technologies only resulted in a 2 per cent lift in Kerry Group shares during morning trading