date:Aug 11, 2014
Kerry Group, the global ingredients, flavours and consumer foods business, has reported a 3% increase in first half trading profit to 275 million, reflecting 7.1% like-for-like growth, on revenue down 1.9% to 2.9 billion, impacted by the adverse currency factors.
Business efficiency enhancements through the groups 1 Kerry Business Transformation Programme and improved product mix contributed a 50 basis points increase in the group trading profit margin to 9.5%. This reflects a 60 basis points i