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| Name | Symbol | Market | Type |
|---|---|---|---|
| Kerry Group Plc (PK) | USOTC:KRYAY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.49 | -0.47% | 103.66 | 102.49 | 105.68 | 104.45 | 103.18 | 104.28 | 9,650 | 21:07:06 |
From Feb 2023 to Feb 2025
By Christian Moess Laursen
Kerry Group PLC said Thursday that revenue rose in the first quarter of 2023, and backed its full-year guidance.
The Ireland-based food company said revenue increased 10% in the quarter, driven by good volume growth in Asia-Pacific, Middle East and Africa and Europe and strong growth in the foodservice channel.
Earnings before interest, taxes, depreciation and amortization declined 7% due to input cost inflation.
The company backed its full-year guidance. Kerry Group previously said it expects to achieve adjusted earnings per share growth in 2023 of 3% to 7% on a constant currency basis.
"While recognizing the current market uncertainty, we believe we remain strongly positioned for growth and we reiterate our full-year constant currency earnings guidance," Chief Executive Edmond Scanlon said.
Write to Christian Moess Laursen at christian.moess@wsj.com
(END) Dow Jones Newswires
April 27, 2023 03:37 ET (07:37 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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