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Kerry Group issues preliminary statement of results
By Shaun Weston
22 February 2011
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Highlights
Sales revenue increased by 9.7% (4.6% LFL) to €5bn.
5.5% increase in continuing business volumes.
Trading profit increased by 11.3% to €470m.
Ingredients & Flavours trading margin up 50 basis points to 10.9%.
Consumer Foods trading margin up 40 basis points to 7.5%.
Adjusted EPS up 16.8% to 194.5 cent.
Final dividend per share of 20 cent (Total 2010 dividend up 15.2% to 28.8 cent).
Free cash flow of €305m (2009: €367m).
R&D investment of €156m.
Source: Kerry Group
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