0848 GMT - Kerry Group 3Q update should be well-received and reassure given the inline outcome for the period and its guidance reiteration, Goodbody analyst Patrick Higgins says. The Ireland-based food company's volumes in the Americas rose 3.5% with trends similar to the first half. Retail saw good growth, food service performed well, and Brazil and Central America led in Latin America, Higgins says in a note. Volumes in Europe rose 0.7% in the period, with continued food service strength offsetting weaker retail, he adds. "We leave our forecasts unchanged and continue to expected improved momentum into FY 2026 as the strong innovation pipeline, particularly in North America, begins to flow through to like-for-like delivery," he says. Shares are up 3.5% at 79.3 euros. (anthony.orunagoriainoff@dowjones.com)
(END) Dow Jones Newswires
October 23, 2025 04:49 ET (08:49 GMT)
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