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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 97.50 | 95.85 | 96.13 | 1 | 13:54:47 |
From Dec 2019 to Dec 2024
By Matteo Castia
Kerry Group PLC on Friday posted a fall in first-half net profit on lower revenue, as the pandemic hit the business in the second quarter.
The Ireland-based food company made a net profit of 213.1 million euro ($252.5 million) for the six months, compared with EUR239.4 million in the year-earlier period.
Revenue was EUR3.4 billion, down from EUR3.57 billion the prior year. This was driven by a 12% decline during the second quarter caused by the pandemic, Kerry said.
Second-quarter strong volume growth in the retail channel was offset by a 49% drop in the food-service segment, it said.
The board declared an interim dividend of 25.9 European cents, compared with 23.5 European cents a year earlier.
Write to Matteo Castia at matteo.castia@dowjones.com
(END) Dow Jones Newswires
July 31, 2020 02:43 ET (06:43 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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