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Kerry Group

Business

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
  • Ellie Donnelly
  • June 25, 2022
Companies

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’
  • Ellie Donnelly
  • June 11, 2022

Kingspan exits Russian market

The building materials giant said it made the decision to exit Russia in early March
  • Ellie Donnelly
  • April 5, 2022

Kerry Group suspends operations in Russia

The company said it is ‘horrified’ at the escalation of the humanitarian crisis
  • Ellie Donnelly
  • April 4, 2022

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
  • Ellie Donnelly and
  • Donal MacNamee
  • April 3, 2022

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
  • Lorcan Allen
  • March 6, 2022

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
  • Lorcan Allen
  • February 20, 2022

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
  • Lorcan Allen
  • February 16, 2022

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
  • Lorcan Allen
  • December 5, 2021

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
  • Lorcan Allen
  • October 31, 2021

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
  • Lorcan Allen
  • October 4, 2021

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
  • Lorcan Allen
  • September 5, 2021

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
  • Lorcan Allen
  • August 1, 2021

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
  • July 30, 2021

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
  • Lorcan Allen
  • July 4, 2021

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
  • Lorcan Allen
  • June 27, 2021

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
  • Lorcan Allen
  • June 21, 2021

Company watch: Kerry Group lands tasty €819m deal to sell legacy arm of company

Kerry Group sells its consumer meats and ready meals business to US meat and food giant Pilgrim’s Pride
  • Lorcan Allen
  • June 20, 2021

Kerry Group upbeat on Latin America amid signs of recovery

The taste and nutrition group’s chief executive for the region said the outlook was good, particularly for the food sector
  • Lorcan Allen
  • June 6, 2021

Kerry Group owes no money to milk suppliers, says chief executive

Edmond Scanlon insists the company has paid the ‘leading milk price on a like-for-like basis’ and ‘no outstanding payments are due’
  • Lorcan Allen
  • April 29, 2021

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