date:Aug 13, 2014
Kerry has announced a solid financial performance for the half year ended 30 June 2014. Revenues grew to 2.9 billion on the back of continuing volume growth (2.7%) and pricing (0.6%). Trading profit increased by 3.0% to 275m, with group trading margin up 50 basis points to 9.5% and Ingredients and Flavours up 60 basis points to 11.7%. Ingredients and Flavours revenues were up 4.7% to 2,133 million with trading profit up 4.0% to 251 million.
In a comparatively weak overall marketplace, Kerry sai