Kerry Group - food industry company news 
IRELAND: Ingredients growth outpaces food slowdown at Kerry
1 May 2013
Kerry Group has said growing revenues at its ingredients business has more than offset a slowdown in its consumer food sales.
The week ahead - US retail conference; Kellogg, Kraft Q1s
29 April 2013
Wal-Mart, Kroger and Supervalu are among the US retailers presenting at a Barclays sector conference next week. The first-quarter results will continue to roll in, with Kellogg, Kraft Foods Group and Canadian retailer Loblaw part of a group of companies to publish numbers.
GLOBAL: Horsemeat "dodged bullet" for food industry
26 March 2013
A prominent academic has suggested the international food industry was lucky the horsemeat scandal related only to the fraudulent use of an apparently safe raw material.
EXCLUSIVE: CAGE: Horsemeat saga will shrink supply chains - Kerry CEO
20 March 2013
Kerry Group chief executive Stan McCarthy has predicted there will be fewer companies involved in the supply of meat as the industry responds to the recent horsemeat contamination saga.
Comment: Horsemeat saga exacerbates ready meal sales decline
5 March 2013
Nearly two months into the horsemeat scandal that has rocked the food industry, UK figures highlighting a sales slowdown in ready meals raise the question of whether this is a temporary blip or a long-term structural decline.
IRELAND: Kerry sees double-digit growth driven by ingredients
26 February 2013
Kerry Group booked a double-digit increase in sales and earnings for fiscal 2012, with growth driven by its ingredients and flavours arm.
IRELAND: Kerry "confident" of hitting FY targets
31 October 2012
Irish food firm Kerry Group has said that it expects to meet full-year growth targets, after booking an increase in sales during the first nine months of the year.
IRELAND: Food sector "key lever" for Irish recovery - PM Kenny
23 October 2012
Ireland's food and drink sector is a "key lever" in the country's plans to drive economic growth, Prime Minister Enda Kenny has told just-food.
Editor's choice: the highlights on just-food last week
15 October 2012
The IGD's annual convention attracts the leading executives from the UK FMCG sector and last week they heard the likes of Tesco, Sainsbury's, Unilever and Heinz discuss the economy, multichannel strategies, labelling and innovation. Elsewhere, Wal-Mart outlined its expansion plans for next year, Mars called on the chocolate sector to co-operate more on sustainable cocoa (which it said would cost billions) and Kellogg revealed the possible financial impact of its latest recall.
IRELAND: Kerry to establish Kildare R&D facility
9 October 2012
Kerry Group has announced plans to establish a EUR100m (US$129.4m) global R&D centre in Ireland.
IRELAND: Charges hit Kerry H1 profits
9 August 2012
Irish food manufacturer Kerry Group has booked a decline in first-half profits.
UK: Kerry confirms date for Durham site closure
28 June 2012
Kerry Group is to close its production site in Durham in the UK by the end of July.
UK: Kerry launches Richmond cooked ham
15 May 2012
Kerry Group has launched its Richmond brand, best known for sausages, into the cooked ham category in the UK.
IRELAND: Acquisitions boost Kerry Group Q1 profits
2 May 2012
Irish food manufacturer Kerry Group said its businesses performed "satisfactorily" in the first quarter as profits climbed on the back of acquisitions.
Comment: UK food industry looks to cash in on patriotic surge
18 April 2012
With some major national events on the horizon - the London Olympics, Paralympics and the Diamond Jubilee - the UK looks set to see an upsurge in patriotic sentiment this summer. The country's food manufacturers and retailers have invested a pretty penny to ensure that they can cash in on this jubilant atmosphere. However, Katy Askew suggests, the industry should be equally prepared for the comedown.
UK: Kerry targets pasta category with Wall's "sausageballs"
17 April 2012
Kerry Group is launching a range of "sausageballs" under its Wall's brand designed to build on the growing popularity of pasta in the UK.
Quote, unquote: just-food's week in words
30 March 2012
The Food and Drink Expo took place in Birmingham, UK, this week, hosting a raft of manufacturers and grocers from across the UK's food and drinks sector.
UK: Kerry to close Durham sliced meats plant - union
29 March 2012
Kerry Group today (29 March) told workers at a production site in the UK that it plans to close the facility, a local trade union has said.
Quote, unquote: CAGE 2012 Conference
26 March 2012
Unilever, Danone and Heinz were among the food industry heavyweights to present at the annual Consumer Analyst Group of Europe investor conference in London this week - and just-food.com provided exclusive media coverage. Here is a selection of soundbites from the event.
CAGE: Kerry builds on technology, global reach
21 March 2012
Irish food company Kerry Group has insisted that, while M&A plays a central role in its growth strategy, its global scale and technological know-how also offer a competitive edge that will drive sustainable sales expansion.
CAGE 2012 Preview: FMCG companies prepare to present
13 March 2012
After last month's CAGNY conference, the annual event that sees leading FMCG companies present to financial analysts in the US, the industry spotlight will next week pass to London, where the third Consumer Analyst Group of Europe conference will take place - and just-food will be the exclusive media sponsor of the event.
Editor's choice: the highlights on just-food this week
27 February 2012
CAGNY, the annual conference where leading US food makers face Wall Street analysts, saw the likes of General Mills, ConAgra Foods and Heinz this week reflect on the trading challenges facing the industry. Elsewhere, Pfizer tried to cool fresh speculation around the sale of its baby food business, Kerry Group said it would slow its rate of acquisitions this year and there were rumours a French state fund was in talks to invest in poultry giant Groupe Doux.
On the money: Kerry to slow acquisition rate in 2012
21 February 2012
Highly acquisitive Irish food and ingredients firm Kerry Group has indicated that it will ease of the throttle and reduce its level of takeover deals during 2012.
IRELAND: Kerry profits jump on higher revenues
21 February 2012
Irish food manufacturer Kerry Group has booked an 11% increase in annual pre-tax profits despite "weak" consumer confidence – notably in the UK and Ireland - and input cost pressure.
SOUTH AFRICA: Kerry drives African expansion with FlavourCraft buy
21 February 2012
Kerry Group today (21 February) announced that it has expanded its presence in the African flavours market through the acquisition of South African firm FlavourCraft.
Editor's choice: the highlights on just-food last week
13 February 2012
A new strategy - which has led to thousands of job cuts - at PepsiCo and the prospect of a new CEO and CFO at beleaguered Diamond Foods caught your attention last week but, beyond those headlines, just-food analysed organic food in China in its Brics and beyond column, we issued the latest data from our Promo Tracker and heard why columnist and SymphonyIRI vice president Rod Street believes suppliers and retailers need to develop a multi-channel strategy now.
US: Kerry dismisses Unite "anti-union" claims
10 February 2012
Kerry Group has told just-food that it is "astonished" at claims it is taking a "hardline anti-union stance" over potential job cuts at a UK facility.
UK: Kerry Group mulls closure of frozen ready-meals plant
6 February 2012
Kerry Group has begun consultation on the future of its frozen ready-meals facility in the UK town of Grimsby.
2011 in review - M&A activity fails to meet expectations
22 December 2011
A year ago, there was consensus that M&A activity would pick up in 2011. As we look back on the last 12 months, there were some major deals but concern over the economy meant the numbers of deals fell short of expectations. Dean Best reports.
2011 in review - Sustainability
22 December 2011
The year began with predictions that sustainability would continue to rise up the corporate agenda this year, and so it has proved.
