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February 22, 2011

By Sarah Kirkwood
Kerry Group has today reported pre-tax profits of €392.8m for the year ending December 31 2010.

This compares to pre-tax profits of €251.9m for the preceding year.


The Chief Executive is pleased with the development the company has made

Sales at the company rose by 9.7% to €5bn over the 12 months under review while the firm also announced a trading profit increase of 11.3% to €470m.

Sales revenues for the group’s ingredients and flavours division rose by 12.7% to €3.67m. The consumer foods division recorded sales revenue of €1.76m, up 3.2% on the preceding year.

Continuing business volumes were 5.5% ahead on a group-wide basis over the full year, the group said.

Adjusted earnings per share increased by 16.8% to 194.5 cent. The board has recommended a final dividend of 20 cent per share, an increase of 15.6% on 2009.

Chief Executive Stan McCarthy said: “Kerry Group achieved excellent results in 2010. Business development in the group’s established and emerging markets proved highly successful delivering strong volume growth and good margin progression.”
 
aus der Diskussion: Kerry Group - mehr als irische Butter
Autor (Datum des Eintrages): R-BgO  (04.03.11 13:47:36)
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