Kerry Group posts strong H1 revenue growth after price rises

Kerry Group saw strong revenue growth in H1 in part thanks to price rises
across the company.
Irish food manufacturer Kerry Group posted revenues of €4.1b (£3.5bn) during the
first half of 2023, an increase of 1.6% compared to the same period last year.
This was driven by a 0.6% increase in volumes group-wide, which included a 1.4%
rise in volume for the taste and nutrition category. Meanwhile, group pricing went up
by 4.5% in contrast to the first half of 2022.
Kerry is present in more than 50 countries around the world, with its global
innovation centre located in Naas, Ireland.
Speaking on the results, chief executive Edmond Scanlon was pleased with the
group’s performance despite what he described as “varying conditions across our
markets”