Brief: Kerry Group keeps FY EPS guidance, sees higher than expected margins
30/07/2025 07:01
July 30 (Reuters) - Kerry Group PLC KYGa.I: KERRY GROUP - EBITDA MARGIN +100BPS TO 16.1% (Q2: +110BPS), INTERIM DIVIDEND PER SHARE +10.2% TO 42.0 CENT KERRY GROUP - H1 GROUP REVENUE +1.3% Y/Y €3.5 BILLION, GROUP EBITDA +7.5% TO €556M KERRY GROUP - FY ADJUSTED EPS GUIDANCE MAINTAINED, EXPECTS FY VOLUME GROWTH SIMILAR TO H1, H2 MARGIN EXPANSION AHEAD OF EXPECTATIONS KERRY GROUP - H1 PRICING OF +0.2%, VOLUMES +3% LED BY AMERICAS STRONG PERFORMANCE, EUROPE IN LINE, APMEA GROWTH REFLECTIVE OF VARIABLE MARKET DYNAMICS WITH CHINA REMAINING CHALLENGED KERRY GROUP - STRONG MARGIN EXPANSION DRIVEN BY EFFICIENCIES AS WELL AS PORTFOLIO AND PRODUCT MIX BENEFITS KERRY GROUP - H1 DEMAND ENVIRONMENT ACROSS FOOD AND BEVERAGE MARKETS SOFT, REFLECTIVE OF CAUTIOUS CONSUMER BEHAVIOUR KERRY GROUP - BUSINESS VOLUME GROWTH WELL AHEAD OF FOOD AND BEVERAGE END MARKETS, +4.6% IN FOODSERVICE A SIGNIFICANT CHANNEL OUTPERFORMANCE Further company coverage: [KYGa.I] (Reporting By Padraic Halpin) ((Padraic.Halpin@thomsonreuters.com;))