Kerry Group revenues hit by currency headwinds and restructuring

Food ingredients company Kerry Group saw a 6 per cent fall in revenue in the third quarter due to the impact of “currency headwinds” and restructuring, according to an interim management statement.

30th October, 2013
Kerry Group headquarters.

Food ingredients company Kerry Group saw a 6 per cent fall in revenue in the third quarter due to the impact of “currency headwinds” and restructuring, according to an interim management statement.

Nevertheless, the company recorded a 2.9 per cent increase in continuing business volumes in the year to the end of September. This was helped by a 3.2 per cent third quarter rise as the company expanded in developing markets despite weaker economic...

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