Kerry Group has reported revenue of €8.02 billion last year, a decrease of 8.6% when compared to the previous year.
That’s according to Kerry’s preliminary statement of results for 2023.
The Tralee-headquartered company states the drop in revenue was mainly driven by the unfavourable impact of the disposals and foreign currency in the year.
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The company’s taste and nutrition section experienced growth of 1.1%, while Dairy Ireland volumes decreased by 6.5%.
Kerry Group chief executive officer, Edmond Scanlan says the company delivered a solid performance in 2023 in the face of challenging market conditions.
