Kerry Group reports ‘strong performance’ in the first half
This reflects 'a step up in volume growth' in the second quarter
Print29 July 2026
Kerry Group has reported a strong performance in the first half, reflecting a step up in volume growth in the second quarter and continued strong margin expansion, its latest financial results showed.
The international leader in taste and nutrition noted that it has delivered volume growth across all three regions, with strong growth and market outperformance in the Americas, a solid performance in Europe and good growth in Asia, the Pacific, the Middle East, and Africa (APMEA).
The earnings before interest, taxes, depreciation, and amortization (EBITDA) margin expansion were led by efficiencies delivered through its Accelerate 2.0 programme, it added.
Evolution and development
According to the group it continued to evolve and develop its business in the period.
This included good strategic progress in expanding its manufacturing footprint across a number of emerging markets.
Also, the further development of its taste and biotechnology solutions capabilities, and continued execution of Accelerate 2.0 through its footprint optimisation and digital excellence programme.
Strength and relevance
In a statement, Edmond Scanlon, chief executive officer, Kerry Group, said: “Our continued strong end market outperformance highlights the strength and relevance of our strategic positioning across our markets, channels and customer base.
“Our inbuilt business resiliency positions us well through this period of market uncertainty, and we remain strongly positioned for volume growth and margin expansion, underpinned by a good innovation and renovation pipeline.
“Today we have updated our financial targets and earnings growth algorithm to 2030.
“Our revenue volume growth target range of 3-5% represents our confidence in continuing to deliver consistent strong market outperformance and is set in the context of current market conditions.
“This growth combined with our EBITDA margin target of 20-21% by 2030 will be the key drivers of delivering our HSD+ earnings growth over the coming years,” he concluded.
Read more: Kerry Group revenue dips despite volume growth
© 2026 by ShelfLife reporter
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