date:Aug 11, 2014
Trading profit decreased by 2.4% to 62 million.
Increased fragmentation of food retailing coupled with prioritised spend and drive for value by consumers in the Irish and UK markets continued to impact performance in Kerry Foods chilled foods categories. However, the division has continued to improve efficiencies through advanced lean programmes. Kerry Foods focus brands continue to perform well, particularly in the UK market.
Stan McCarthy, chief executive of Kerry group, comments: We are ple