Kerry Group 'A' Shares (KYGA)

Sector:

Food

  107.50
   
  • Change Today:
     -0.80
  • 52 Week High:  125.60
  • 52 Week Low:  92.50
  • Currency: Euro
  • Shares Issued: 176.70m
  • Volume: 5,436
  • Market Cap:  18,995m
  • RiskGrade: 89

Irish ingredient giant Kerry savouring rising profits

Date: Thursday 09 Aug 2012

LONDON (ShareCast) - Kerry, the Irish ingredients and flavours maker, has increased its full-year earnings guidance after a strong first half driven by recent acquisitions and new products sales.

Sales revenue rose to €2.9bn, a 10% gain on the same period of last year, although on a like-for-like basis the growth was a more modest 2.5%.

The profits before tax figure is complicated by so called “non-trading items” which the firm has been forced to take on, like integrating acquisitions into the firm and restructuring costs. After tax, these costs amounted to €59.2m which puts something of a hole in the figures.

“Adjusted” profit before tax and non-trading items increased by 13.7% to €209m. This is the crucial figure and probably explains why Kerry’s shares have risen 4% in morning trading.

The firm is certainly confident enough to have raised the dividend by 10.2% to 10.8 euro cents per share.

Commenting, Kerry’s Chief Executive, Stan McCarthy said: “The group is confident of delivering our full-year growth objectives and has revised adjusted earnings per share guidance upwards. We now expect to achieve eight to twelve per cent growth in adjusted earnings per share in 2012".

BS

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

KYGA Market Data

Currency Euro
Share Price   107.50
Change Today   -0.80
% Change -0.74 %
52 Week High  125.60
52 Week Low  92.50
Volume 5,436
Shares Issued 176.70m
Market Cap  18,995m
RiskGrade 89

KYGA Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.29% below the market average94.29% below the market average94.29% below the market average94.29% below the market average94.29% below the market average
93.1% below the sector average93.1% below the sector average93.1% below the sector average93.1% below the sector average93.1% below the sector average
Price Trend
50.84% above the market average50.84% above the market average50.84% above the market average50.84% above the market average50.84% above the market average
72.41% above the sector average72.41% above the sector average72.41% above the sector average72.41% above the sector average72.41% above the sector average
Income
88.48% below the market average88.48% below the market average88.48% below the market average88.48% below the market average88.48% below the market average
88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average
Growth
67.03% below the market average67.03% below the market average67.03% below the market average67.03% below the market average67.03% below the market average
17.24% above the sector average17.24% above the sector average17.24% above the sector average17.24% above the sector average17.24% above the sector average

What The Brokers Say

Strong Buy 10
Buy 1
Neutral 2
Sell 0
Strong Sell 1
Total 14
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

KYGA Dividends

  Latest Previous
  Interim Final
Ex-Div 15-Oct-20 16-Apr-20
Paid 13-Nov-20 15-May-20
Amount 25.90¢ 55.10¢

Trades for 26-Oct-2020

Time Volume / Share Price
12:43 13 @  107.50
12:40 97 @  107.50
12:39 18 @  107.50
12:38 12 @  107.50
12:37 11 @  107.40

KYGA Key Personnel

Chair Philip Toomey
CEO Edmond Scanlon
CFO Marguerite Larkin

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