• Consumer food volumes up 1.4%, trading margin up 20 basis points
  • Ingredients volumes up 2.9%, trading margin up 40 basis points
  • Group-wide volumes up 2.5%

Kerry Group booked higher consumer food volumes in the first quarter, thanks to efforts to reposition its portfolio to focus on snacking trends and a stabilisation of market conditions in the UK and Ireland.

The Ireland-based food group said volumes at its consumer food unit increased 1.4% in the three months to the end of March. "Market conditions in the UK and Irish consumer foods sectors have broadly stabilised. The repositioned Kerry Foods portfolio performed well benefiting from snacking trends and a good recovery in meal solutions," Kerry said.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The company also improved its consumer foods trading margin, which expanded by 20 basis points in the period. Mix and a better trading performance boosted margins.

Kerry's ingredients arm continued to grow ahead of the consumer foods unit, with volumes rising 2.9% and a 40 basis point improvement in trading margin. Kerry said its ingredients arm was boosted by its ability to meet growing demand for health and wellness products.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now