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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 | |
---|---|---|---|---|---|---|---|---|---|---|
1.52 | 1.47% | 105.184 | 103.13 | 106.28 | 106.1844 | 104.53 | 104.53 | 6,038 | 22:00:00 |
By Joe Hoppe
Kerry Group PLC said Wednesday that its 2021 pretax profit and revenue rose, and that it expects to achieve further growth in 2022.
The Ireland-based food company posted a pretax profit of 816.3 million euros ($927.3 million) for 2021 compared with EUR635.3 million for the same period a year earlier.
Revenue rose to EUR7.35 billion from EUR6.95 billion, it said.
The board declared a final dividend of 66.7 European cents, bringing the total dividend for the year to 95.2 European cents, an increase of 10% on 2020.
"While recognizing that current market environment and inflationary pressures continue to present challenges across our industry, Kerry is stronger positioned and more resilient than ever as we enter a new strategic cycle," Chief Executive Edmond Scanlon said.
The company said it expects to achieve adjusted earnings per share growth in 2022 of 5% to 9% on a constant currency basis.
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
February 16, 2022 02:48 ET (07:48 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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