Ingredients, flavours and consumer foods group Kerry today (Tuesday) announced a 13.1% rise in operating profit to €349m (US$460.6m) in the year ended 31 December 2004.

Group turnover was €4.129bn, compared with €3.69bn in 2003

“Kerry delivered another strong operational and financial performance,” said chief executive, Hugh Friel. “Kerry successfully completed a €712m acquisition programme which significantly broadened the group’s technology and market base. I am confident that Group strategy will continue to deliver consistent growth in profits, cash flow and value for all stakeholders”.