Kerry Group: sees further growth in 2008

Tralee / IE. (kg) Kerry Group PLC, Irish ingredients, flavours and consumer foods company, reports preliminary results for the financial year 2007 ended 31 December. The highlights:

• Good organic growth in all territories
• Like-for-like Group sales revenue up 6,7 percent to 4,8 billion EUR
• EBITDA a record 500 million EUR before intangible amortisation and non-trading items
• Trading profit increased by 7,4 percent on a like-for-like basis to 401,1 million EUR
• Trading margin up ten basis points to 8,4 percent
• Profit before tax up 35 percent to 298 million EUR
• Adjusted EPS (before intangible amortisation and non-trading items) up 7,4 percent to 1,438 EUR
• Final dividend per share up 11,2 percent to 0,139 EUR
• Free cash flow of 257 million EUR
• R+D investment increased to 145 million EUR

Kerry Group PLC employs some 23.000 people throughout its manufacturing, sales and technical centres across Europe, North America, South America, Australia, New Zealand and Asian Markets. Kerry supplies over 10.000 food, food ingredients and flavour products to customers in more than 120 countries worldwide. The Group has manufacturing facilities in 18 different countries and international sales offices in 20 other countries across the globe. The full report about Kerry´s preliminary results for the financial year 2007 is to download at
Info: https://www.kerrygroup.com