date:Aug 08, 2014
Trading profit in Kerry Group's Consumer Foods division fell by 2.4% to 62 million, according to the group's H1 Interim Management Statement, issued this morning.
Revenue at the Kerry Foods division fell by 0.9% to 801 million in the period. However, the division's trading margin increased by 10 basis points to 7.8%.
In a statement, Kerry Group said that increased fragmentation of food retailing coupled with prioritised spend and drive for value by consumers in the Irish and UK markets continu