Tralee / IE. (kg) Irland’s Kerry Group PLC announced its interim management statement for the first quarter 2024, in which the Group had a good start to the year. Chief Executive Officer Edmond Scanlon: «We are pleased to report a good start to the year given market dynamics. Taste + Nutrition achieved good volume growth driven by a strong performance within our foodservice channel and we delivered strong margin expansion in the period reflecting the continued development and evolution of our business. Consumer market dynamics remain similar to those outlined at our full year results. As part of our capital allocation framework as previously indicated, we are announcing a new share buyback programme, and the expected net earnings per share accretion has been reflected in our updated guidance range.»
For additional information please read the company’s PDF file below (106 KB):
20240509-KERRY-GROUP-Q12024.OTHER TOPICS FROM THIS SECTION FOR YOU:
- Pret A Manger: Sales rise 10 percent in H1-2024
- General Mills: Sells Its North American Yogurt Business
- HSA Group: acquires majority stake in Bisco-Misr
- One Rock Capital: Plans Acquisition of Europe Snacks
- T.Hasegawa acquires Abelei Flavors
- AB Foods: announces H2-2024 Trading Update
- AB Foods: acquires Australian bakery group
- Pladis Foods: opens regional office in Saudi Arabia
- Hormel Foods: Reports Third Quarter 2024 Results
- Reborn Coffee: Closes Master License Agreement for Sichuan
- Strauss Group: Reports Half-Year 2024 Results
- Grupo Bimbo: Agrees to Acquire Wickbold in Brazil
- Ülker Bisküvi: announces H1-2024 financial results
- Delivery Hero: announces positive H1-2024 results
- Campbell: Reports Q4 and Full-Year Fiscal 2024 Results
- Hain Celestial: Reports Fiscal Q4-2024 Financial Results
- Barry Callebaut: 9-Month Key Sales Figures FY-2023-2024
- Ebro Foods: Net Profit up 17 percent in H1-2024
- Circus Group: Signs Preliminary Agreement With FLC
- DPE Dominos Pizza Enterprises: Reports FY-2024 Results
