Kerry has Midas touch

Kerry Group's jobs announcement last week was widely welcomed, but shareholders already had plenty of reasons to be pleased with the food giant, writes Jon Ihle.

13th October, 2012
Kerry has Midas touch
Stan McCarthy, chief executive, Kerry Group: the company has been one of the top stocks on the Iseq in 2012. Photo: PA

The announcement last week that Kerry Group was bringing 900 jobs and a €100 million investment to Naas, Co Kildare over the next four years offered welcome news for the struggling local economy and a valuable positive photo opportunity for the Taoiseach as the Budget hoves into view.

But shareholders in the indigenous food giant already had plenty of reasons to be pleased with the company given its outstanding performance this year.

Kerry has been one...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 6 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 6 years ago