Brief: Kerry Group CEO: U.S. consumer spending patters 'a little bit more challenging'
30/07/2025 09:52
July 30 (Reuters) - Kerry Group PLC KYGa.I: KERRY GROUP CEO - OUR BEST ESTIMATE IS THAT END-MARKETS ARE FLAT-ISH RIGHT NOW KERRY GROUP CEO - VERY SLIGHTLY MODERATING H2 VOLUME EXPECTATIONS IN AMERICAS AND APNEA (WHERE H2 EXPECTED TO BE STRONGER THAN H1) KERRY GROUP CEO - U.S. ENVIRONMENT A LITTLE BIT MORE CHALLENGING ON CONSUMER SPENDING PATTERNS, REMAIN VERY POSITIVE ON THE U.S. KERRY GROUP CEO - REFORMULATION OF PRODUCTS HAS NEVER BEEN MORE TOPICAL WITH CUSTOMERS FOR LOTS OF REASONS, PARTICULARLY IN U.S. KERRY GROUP CEO - U.S. TARIFF IMPACT WILL BE RELATIVELY MODEST, WILL PASS ONTO CUSTOMER IF CAN'T MITIGATE TARIFF ON SMALL AMOUNT OF PRODUCTS IMPORTED INTO U.S. KERRY GROUP CEO - CUSTOMERS LOOKING TO REFORMULATE PRODUCTS STRICTLY DUE TO TARIFFS NOT A FACTOR AT ALL, THEY WILL TAKE A VIEW IF WORTHWHILE IF TARIFFS SETTLE DOWN Further company coverage: [KYGa.I] (Reporting By Padraic Halpin) ((Padraic.Halpin@thomsonreuters.com;))