Business volumes increase at Kerry Group
Kerry Group has seen a rise in its business volumes in the nine months to September 30.
The group saw volumes go up by 3.2% despite the uncertainty caused by the UK's Brexit vote.
The strongest growth was in its taste and nutrition division - and it reports that consumers are demanding more products geared towards 'health and wellness.'
Group trading margins rose by 0.7% during the period despite negative currency movements and the company is forecasting full year earnings growth of 6-10%.
The Kerry Group said that geopolitical uncertainties and foreign exchange volatility mean that global market conditions remain weak.
It adds that in Ireland Dairygold has maintained a solid performance - Charleville performed well - and its Fire and Smoke meat range is making inroads.
Net debt at the end of the period stood at €1.4bn compared to €1.7bn at the end of 2015.
