Fresh ingredients supplier Kerry Group has celebrated “volume growth and strong margin expansion” in the first half of 2025, led by a strong expansion into the Americas.
Ramping up revenues by 1.3% to €3.5bn across the group, Kerry achieved 3% volume growth across both Q1 and Q2 2025.
Following the divestment of its dairy wing in December 2024, Kerry managed to drive profit over the half, increasing its EBITDA margin by a percentage point to 16.1%, with overall EBITDA up 7.5% to €556m.
Volume growth in Americas – a region worth €1.9bn in revenue to Kerry over H1 – was particularly strong in Q2 at 3.9%, led by snacks, bakery and beverage end user markets.
Edmond Scanlon, Kerry’s chief executive, said the first half reflected a “good performance, particularly given market conditions, where we delivered volume growth and strong margin expansion”.
“Customer innovation centred around new and differentiated flavour combinations, products with functional health benefits and relative value options. Renovation activity around enhancing nutritional characteristics of products continued to be a key area of focus for customers, particularly in the North American market,” he added.
Kerry’s positive profit momentum had been aided by “limited overall input cost inflation”, according to interim results, allowing the business to keep pricing rises to just 0.2%.
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