Trade Kerry Group PLC - KRZ CFD

Kerry Group Company profile

About Kerry Group PLC

Kerry Group plc is a provider of taste and nutrition solutions. The Company serves the food, beverage and pharmaceutical industries. The Company distributes its products across Ireland, Europe, Americas, Asia Pacific, Middle East and Africa (APMEA). The Company's Taste & Nutrition segment manufactures and distributes application specific ingredients and flavors spanning various technology platforms. Taste & Nutrition division includes authentic taste and nutrition, wellness and functionality. Its authentic taste ingredients include sweet, savory and dairy flavors, texturants, taste modulation and natural extracts. Its nutrition, wellness and functionality platform delivers ingredients, including proteins, probiotics and bioactives, lipids, enzymes, bio-preservation and pharma.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Kerry Group PLC revenues increased 6% to EUR7.35B. Net income increased 38% to EUR763M. Revenues reflect Taste & Nutrition segment increase of 9% to EUR6.21B, APMEA segment increase of 15% to EUR1.4B, Americas segment increase of 5% to EUR3.24B, Rest of Europe segment increase of 2% to EUR2.26B. Net income benefited from Taste & Nutrition segment income increase of 12% to EUR913.4M.