Brief: Kerry Group expects current cost deflation to turn inflationary in H2

Kerry

30/04/2026 08:25

April 30 (Reuters) - Kerry Group PLC KYGa.I analyst call:

KERRY GROUP CFO: CURRENTLY LOOKING AT OVERALL COST DEFLATION IN H1 TURNING INTO INFLATION IN H2

KERRY GROUP CEO: EXPECTING 2026 VOLUME GROWTH TO BE SIMILAR TO 2025, CONTINUE TO EXPECT FOODSERVICE TO OUTPERFORM RETAIL

KERRY GROUP CEO: NOT CALLING OUT ANY SIGNIFICANT KICK ON IN CHINA FOR REMAINDER OF THE YEAR, EXPECT SIMILAR GROWTH TO Q1 FOR REST OF YEAR

KERRY GROUP CEO: WOULDN'T CALL OUT ANY MATERIAL CHANGE FROM A TADING STANDPOINT OR ANYTHING UNUSUAL FROM AN ORDER PATTERN IN APRIL VERSUS MARCH

KERRY GROUP CEO: RIGHT NOW LOOKING AT OVERALL VERY LIMITED COST DEFLATION FOR FULL YEAR

KERRY GROUP CFO: SEEINGS SOME INCREASES IN DISTRIBUTION AND ENERGY COSTS BUT VARIES BY GEOGRAPHY

KERRY GROUP CFO: SEE MODEST VOLUME GROWTH IN EUROPE FOR REMAINDER OF THE YEAR SIMILAR TO Q1

Further company coverage: [KYGa.I]

 (Reporting By Padraic Halpin)

 ((Padraic.Halpin@thomsonreuters.com;))