FY and Q4 update: In Q4, volumes were up +5% (cons. +2.1%). In the T&N segment, all regions performed better than in Q3 with Asia Pacific recording a very strong 14% in volumes, whereas EMENA recorded +1.9% (a number not seen for a long time). The group continues to grow ahead of the market (+3.6% volume growth against +1.5% for the market). For the FY, volumes were up +3.6% (cons. +2.9%), with T&N up +4% and Consumer Foods up +2.1%. Pricing stood at -2.1% (cons. -2%) with a c.4% nega
21 Feb 2017
Q4 accelerates, sees good revenue growth ahead
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Q4 accelerates, sees good revenue growth ahead
Kerry Group Plc Class A (KYGA:LON) | 8,070 -2421 (-0.4%) | Mkt Cap: 14,011m
- Published:
21 Feb 2017 -
Author:
Anna Zyniewicz -
Pages:
3
FY and Q4 update: In Q4, volumes were up +5% (cons. +2.1%). In the T&N segment, all regions performed better than in Q3 with Asia Pacific recording a very strong 14% in volumes, whereas EMENA recorded +1.9% (a number not seen for a long time). The group continues to grow ahead of the market (+3.6% volume growth against +1.5% for the market). For the FY, volumes were up +3.6% (cons. +2.9%), with T&N up +4% and Consumer Foods up +2.1%. Pricing stood at -2.1% (cons. -2%) with a c.4% nega