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KYGA — Kerry News Story

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Brief: Kerry Group maintains FY earnings outlook, outlines 2030 financial targets

BRIEF-Kerry Group maintains FY earnings outlook, outlines 2030 financial targets

- Kerry Group PLC KYGa.I:

  • KERRY GROUP: H1 GROUP REVENUE OF €3.3BN, VOLUME GROWTH OF 3.3% (Q2: +3.5%) - CONTINUED STRONG END MARKET OUTPERFORMANCE

  • KERRY GROUP: H1 EBITDA MARGIN INCREASED BY 60BPS TO 16.7% - PRIMARILY DRIVEN BY ACCELERATE 2.0

  • KERRY GROUP: H1 GROUP EBITDA OF €558M (H1 2025: €556M)

  • KERRY GROUP: FULL YEAR CONSTANT CURRENCY ADJUSTED EPS GUIDANCE MAINTAINED

  • KERRY GROUP: 2030 FINANCIAL TARGETS - VOLUME GROWTH¹ OF 3-5%, BASED ON ASSUMPTION OF FLAT END MARKET GROWTH

  • KERRY GROUP: 2030 FINANCIAL TARGETS - EBITDA MARGIN OF 20-21% BY 2030, HIGH-SINGLE-DIGIT PLUS (HSD+) ADJUSTED EPS ON CONSTANT FX

  • KERRY GROUP: 2030 RETURN TARGETS - 85%+ CASH CONVERSION, 12-13% ROACE BY 2030

  • KERRY GROUP: DELIVERED H1 VOLUME GROWTH ACROSS ALL THREE REGIONS, WITH STRONG GROWTH AND MARKET OUTPERFORMANCE IN THE AMERICAS

  • KERRY GROUP: FOODSERVICE CONTINUED ITS STRONG MARKET OUTPERFORMANCE WITH VOLUME GROWTH OF 4.8% IN H1

  • KERRY GROUP CFO: ON INPUT COSTS, OVERALL DEFLATION IN H1 WILL TURN TO LIMITED INFLATION IN H2

Further company coverage: [KYGa.I]


(Reporting By Padraic Halpin)

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

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