Kerry’s revenue up despite market slowdown

Kerry
FinanceNews

Irish food and drink company Kerry posted strong results in the first half of 2025, with group revenue up 1.3%, to around £3bn and achieving volume growth of 3%.

Additionally, EBITDA went up by 7.5% to around £480m, with the Kerry’s EBITDA margin expanding by 16.1%, driven by its investment in its portfolio and product mix.

In particular, the Americas delivered high sales, with revenue going up by 3.7% to £1.9bn, which was boosted by a strong performance in snacks, bakery and beverage markets.

Edmond Scanlon, chief executive of Kerry said: “The first half of the year reflected a good performance, particularly given market conditions, where we delivered volume growth and strong margin expansion, driving constant currency EPS growth of 9.8%.


Subscribe to Grocery Gazette for free

Sign up here to get the latest grocery and food news each morning


“Volume growth was led by a strong performance in the Americas, with Europe in line with expectations, and growth in APMEA reflective of variable market dynamics. Our strong EBITDA margin expansion was driven by efficiencies delivered through Accelerate Operational Excellence as well as portfolio and product mix benefits.”

He added: “We continued to strategically develop our business, including expanding our capacity within APMEA and LATAM and further investing in our taste and bio-fermentation technology capabilities across the business.”

The firm maintained its guidance for the rest of the year despite the changing macroeconomic environment.

“Looking to the remainder of the year, while recognising a heightened level of market uncertainty, we remain well positioned for volume growth and strong margin expansion, as we continue to support our customers as an innovation and renovation partner,” Scanlon added.

FinanceNews

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.

FinanceNews

Share:

Kerry’s revenue up despite market slowdown

Kerry

Irish food and drink company Kerry posted strong results in the first half of 2025, with group revenue up 1.3%, to around £3bn and achieving volume growth of 3%.

Additionally, EBITDA went up by 7.5% to around £480m, with the Kerry’s EBITDA margin expanding by 16.1%, driven by its investment in its portfolio and product mix.

In particular, the Americas delivered high sales, with revenue going up by 3.7% to £1.9bn, which was boosted by a strong performance in snacks, bakery and beverage markets.

Edmond Scanlon, chief executive of Kerry said: “The first half of the year reflected a good performance, particularly given market conditions, where we delivered volume growth and strong margin expansion, driving constant currency EPS growth of 9.8%.


Subscribe to Grocery Gazette for free

Sign up here to get the latest grocery and food news each morning


“Volume growth was led by a strong performance in the Americas, with Europe in line with expectations, and growth in APMEA reflective of variable market dynamics. Our strong EBITDA margin expansion was driven by efficiencies delivered through Accelerate Operational Excellence as well as portfolio and product mix benefits.”

He added: “We continued to strategically develop our business, including expanding our capacity within APMEA and LATAM and further investing in our taste and bio-fermentation technology capabilities across the business.”

The firm maintained its guidance for the rest of the year despite the changing macroeconomic environment.

“Looking to the remainder of the year, while recognising a heightened level of market uncertainty, we remain well positioned for volume growth and strong margin expansion, as we continue to support our customers as an innovation and renovation partner,” Scanlon added.

FinanceNews

Social

SUBSCRIBE TO OUR DAILY NEWSLETTER

  • This field is for validation purposes and should be left unchanged.

Most Read

FinanceNews

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.

RELATED STORIES

Most Read

Latest Feature

Menu

Please enter the verification code sent to your email: