Brief: Kerry Group CEO says October performance in line with expectations

Kerry

24/10/2024 08:16

Oct 24 (Reuters) - KERRY GROUP  KYGA.I  CEO EDMOND
SCANLON, SPEAKING TO ANALYSTS FOLLOWING Q3 IMS:
    * WE HAVE NOT SEEN ANY NOTEWORTHY CHANGE CONSUMER
PROMOTIONAL
ACTIVITY IN OVERALL MARKET VOLUMES; YTD IMPACT HAS BEEN
'RELATIVELY LIMITED'
    * OCTOBER IS IN LINE WITH EXPECTATIONS; EXPECT CONTINUED
IMPROVEMENT IN TASTE AND NUTRITION VOLUME GROWTH INTO Q4 AND
COMPARATIVES WILL HELP
    * UNDERLYING MARKET RELATIVELY SUBDUED
    * WE EXPECT VOLUMES IN AMERICAS TO SHOW CONTINUED
IMPROVEMENT;
EUROPE TO CONTINUE TO BE MODESTLY IN GROWTH GOING FORWARD
    * CEO: CHINA MARKET RELATIVELY SUBDUED; IN LINE WITH LAST
YEAR
    * CEO: WE DON'T REALLY SEE RESTOCKING AS BEING A FEATURE;
THERE IS
MORE CONFIDENCE IN THE END-TO-END SUPPLY CHAIN

Further company coverage:  KYGA.I 

 ((conor.humphries@thomsonreuters.com;))