Kerry Group PLC’s interim statement for the nine months ended Sept. 30 showed a 2.4% increase in continuing business volumes, with ingredients and flavors up 3.6% and consumer foods down 1.2% in continuing business volumes.
The group’s primary consumer foods markets in Ireland and the UK, while showing early signs of recovery, remain highly competitive due to the significant structural changes in the retail landscape, the company said. Click here to read the full earnings release.
The board has appointed Michael Dowling as chairman designate to succeed the present chairman Denis Buckley who will retire from the board at year-end. Buckley has served as chairman for 11 years and has served as a director since 1986.