Ingredients and flavours drive double-digit development for Kerry
The growth, which also sees total revenue up by 10.3% to €5.8 billion, is in line with the firm’s ex…The growth, which also sees total revenue up by 10.3% to €5.8 billion, is in line with the firm’s expectations, Kerry said.
The Irish ingredients company revealed a jump in operating profit to €54.7m, while adjusted earnings per share (EPS) grew 11.3% to 237.6 cent.
Such growth has come on the back of successful growth in the firm’s ingredients and flavours business which witnessed a 14% increase in business – translating to a 15.1% jump in operating profit for the business unit (up to €506 million)
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