Kerry Group reporting solid financial performance for the first half of 2015

Kerry, the global ingredients & flavours and consumer foods group is reporting a solid financial performance for the first half of the year. Kerry Group - Listowel The Interim Management report shows the group revenue of €3 billion and adjusted earnings per share up 8.1% to 124.5 cent. Kerry’s trading profit increased by 9% to €300 million. The ingredients and flavours sector is up 40 basis points to 12.1%, while consumer foods is up 20 basis points to 8%. The interim dividend per share increased by 11.1% to 15 cent. Commenting on the results Kerry Group Chief Executive Stan McCarthy says they have delivered a strong financial performance in the first half of 2015. He says based on the Group year-to-date performance, current exchange rates and business momentum, Kerry is increasing its market guidance for the full year.