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Kerry Group Reports Robust 2024 Performance and Strategic Shift

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Kerry Group Reports Robust 2024 Performance and Strategic Shift

Kerry Group plc ( (GB:KYGA) ) has shared an update.

Kerry Group reported strong performance in 2024, with significant volume growth and margin expansion in its Taste & Nutrition segment. The company completed the divestment of Kerry Dairy Ireland, becoming a pure-play taste and nutrition company. Strategic developments included expanding its biotechnology solutions and sustainability initiatives, enhancing its market position. Despite market challenges, Kerry achieved a 9.7% growth in constant currency EPS and continued to innovate with a focus on nutritional enhancements, positioning itself for future growth.

More about Kerry Group plc

Kerry Group plc is a global company operating in the taste and nutrition industry, providing solutions for the food, beverage, and pharmaceutical sectors. The company focuses on taste, nutrition, and functionality, supporting innovations across various markets.

YTD Price Performance: 6.60%

Average Trading Volume: 58,542

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €16.29B

For a thorough assessment of KYGA stock, go to TipRanks’ Stock Analysis page.

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