Kerry's Update Is Reassuring in Light of Challenging Market Conditions -- Market Talk

Dow Jones

2025/10/23

0827 GMT - Irish food company Kerry's 3Q update is reassuring within the backdrop of challenging market conditions, Davy Research's Cathal Kenny says in a note. Volume growth of 3% is in line with Davy's expectations, and is positive across three of its regions, confirming model and customer relevancy, Kenny says. The period was busy for business development as Kerry's opened a new biotechnology innovation center in Germany and expanded enzyme capacity in Ireland. The company also invested in cocoa taste capabilities in France, coffee extraction capability in the Americas and taste capacity in the Middle East and East Africa, Kenny says. "We envisage no material change to our constant currency EPS forecast," he says. Shares are up 3.2% at 81.85 euros. (anthony.orunagoriainoff@dowjones.com)

(END) Dow Jones Newswires

October 23, 2025 04:27 ET (08:27 GMT)

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Volume growth of 3% is in line with Davy's expectations, and is positive across three of its regions, confirming model and customer relevancy, Kenny says. The period was busy for business development as Kerry's opened a new biotechnology innovation center in Germany and expanded enzyme capacity in Ireland. The company also invested in cocoa taste capabilities in France, coffee extraction capability in the Americas and taste capacity in the Middle East and <a href=\"https://laohu8.com/S/EFRMF\">East Africa</a>, Kenny says. \"We envisage no material change to our constant currency EPS forecast,\" he says. Shares are up 3.2% at 81.85 euros. 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Volume growth of 3% is in line with Davy's expectations, and is positive across three of its regions, confirming model and customer relevancy, Kenny says. The period was busy for business development as Kerry's opened a new biotechnology innovation center in Germany and expanded enzyme capacity in Ireland. The company also invested in cocoa taste capabilities in France, coffee extraction capability in the Americas and taste capacity in the Middle East and <a href=\"https://laohu8.com/S/EFRMF\">East Africa</a>, Kenny says. \"We envisage no material change to our constant currency EPS forecast,\" he says. Shares are up 3.2% at 81.85 euros. (anthony.orunagoriainoff@dowjones.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 23, 2025 04:27 ET (08:27 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4212","symbol_name":"包裝食品與肉類","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2577376939","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2577376939","pubTimestamp":1761208020,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Copyright (c) 2025 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4212":"包装食品与肉类","KRYAY":"Kerry Group plc"},"translate_title":"鉴于充满挑战的市场状况，克里的最新消息令人放心——市场谈话","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KRYAY":0.9},"content_text":"0827 GMT - Irish food company Kerry's 3Q update is reassuring within the backdrop of challenging market conditions, Davy Research's Cathal Kenny says in a note. Volume growth of 3% is in line with Davy's expectations, and is positive across three of its regions, confirming model and customer relevancy, Kenny says. The period was busy for business development as Kerry's opened a new biotechnology innovation center in Germany and expanded enzyme capacity in Ireland. The company also invested in cocoa taste capabilities in France, coffee extraction capability in the Americas and taste capacity in the Middle East and East Africa, Kenny says. \"We envisage no material change to our constant currency EPS forecast,\" he says. Shares are up 3.2% at 81.85 euros. 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