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KYGA — Kerry News Story

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Brief: Kerry Group CEO sees consumer demand pretty subdued in coming quarters

Oct 23 (Reuters) - Kerry Group PLC KYGa.I CEO Edmond Scanlon​, speaking to Reuters in an interview following release of Q3 results::

FOOD AND BEVERAGE CONSUMER IS UNDER A LOT OF PRESSURE DUE TO INFLATION; I DON'T SEE THAT CHANGING ANY TIME SOON

EXPECTATION FROM OVERALL MARKET PERSPECTIVE IS DEMAND WILL BE PRETTY SUBDUED FOR THE COMING QUARTERS AND OUT INTO 2026

STILL SEES POTENTIAL $15 BILLION INDUSTRY UPSIDE FROM 'MAKE AMERICA HEALTHY' AGENDA, BUT TIMING HARD TO PREDICT

EXPECTATION OF REGULATORY ACTION ON HEALTH IN U.S. IS DRIVING CHANGE AMONG CUSTOMERS

EXPECTING SOME PROGRESSION IN CHINA IN COMING QUARTERS, BUT DON'T EXPECT IT TO BE AS STRONG AS HAS BEEN HISTORICALLY

EXPECT MIDDLE EAST AND AFRICA TO MORE THAN OFSET CHINA PERFORMANCE

Further company coverage: KYGA.I

 (Reporting By Conor Humphries)

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

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