|Bid||99.70 x 0|
|Ask||99.80 x 0|
|Day's range||98.65 - 103.60|
|52-week range||81.25 - 124.00|
|Beta (5Y monthly)||0.39|
|PE ratio (TTM)||32.10|
|Forward dividend & yield||0.86 (0.84%)|
|Ex-dividend date||15 Apr 2021|
|1y target est||79.00|
Irish food and ingredients company Kerry is undertaking a strategic review of its dairy business in Britain and Ireland, which may lead to a transaction in the coming months, Chief Executive Edmond Scanlon said on Tuesday. Scanlon was speaking after Kerry published 2020 results, which saw COVID-19 related disruption help push revenue down 4% to 6.95 billion euros ($8.44 billion) and trading profit down 11.7% to 797.2 million euros. The review would consider dairy production and consumer food assets with an annual revenue of around 900 million euros, Scanlon said in an interview.
Covid-19 has shaken world markets. One question likely to be on the minds of a lot of investors right now is how economic uncertainty caused by the pandemic wi...
The new coronavirus will have an enduring disruptive impact on supply chains as consumers revert to the one large, weekly shop typical around a decade ago and stockpile essentials, the head of Kerry Group, said on Thursday. One of the world's largest makers of food ingredients, with 150 manufacturing facilities across the world, Ireland's Kerry Group said stockpiling of long-life products had broken a well-established link between purchasing and consumption, making planning by producers challenging. Overall, consumption patterns are returning to those seen 10 or 15 years ago when people tended to do one large weekly shop at a local supermarket, Scanlon said.