- Kerry Group A Shares
- 17 February 2026 11:11:44
Source: Sharecast
Kerry said revenue slipped 2.5% to €6.76bn, with the group citing pricing reductions, unfavourable currency effects and the impact of disposals net of acquisitions. Volume growth, however, rose 3% year‑on‑year, while underlyinf earnings up to €1.2bn. Free cash flow fell to €643.1m from €765.6m.
Despite US tariffs, Kerry said volumes in the region grew 3.8% as revenue hit €3.67bn, with snacks and dairy delivering solid growth, while beverages benefited from demand in refreshing and low/no‑alcohol categories.
In Europe, volumes declined 0.5% to €1.4bn amid subdued retail conditions, though foodservice posted overall growth, while the Asia‑Pacific and Middle East region saw volumes rise 4.2%, generating €1.64bn in revenue.
Looking ahead, Kerry warned that the broader market backdrop remained soft, reflecting ongoing macroeconomic and geopolitical uncertainty.
Chief executive Edmond Scanlon said: "Volume growth was driven by a strong performance in the Americas throughout the year”.
"This was led by foodservice innovation and increased nutritional renovation across a broad range of customers, given our positioning as a leader in sustainable nutrition, with customers looking to address nutrition, taste, cost or sustainability aspects."
As of 1110 GMT, Kerry Group shares were down 5.28% at €75.40 each.
Reporting by Iain Gilbert at Sharecast.com