Kerry Group plc (KYGA) Q2 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Kerry Group Plc.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.918 Thank you, operator. Good morning and welcome to our 2025 half-year results call. 00:00:04.918 -- 00:00:09.846 I'm joined in the call by our CEO, Edmund Scanlon, and our CFO, Marguerite Larkin. 00:00:09.846 -- 00:00:13.652 Edmund and Marguerite will take you through our presentation, and following this, we 00:00:13.652 -- 00:00:16.496 will then open up the lines for your questions. 00:00:16.496 -- 00:00:20.843 Before we begin, please take note of the disclaimer on our H1 presentation regarding 00:00:20.843 -- 00:00:25.530 forward-looking statements. I'll now pass over to Edmund. 00:00:25.530 -- 00:00:29.512 Thanks, William, and good morning, everyone, and thanks for joining our call. 00:00:29.512 -- 00:00:34.598 So beginning with slide four and the summary overview of H1, where we delivered a 00:00:34.598 -- 00:00:39.984 good overall performance, particularly given market conditions, with continued volume 00:00:39.984 -- 00:00:45.049 growth and strong margin expansion, driving strong constant currency earnings 00:00:45.049 -- 00:00:47.049 growth. 00:00:47.532 -- 00:00:52.678 So firstly on revenue, we delivered 3% volume growth, which was well ahead 00:00:52.678 -- 00:00:56.202 of end market and channel growth. 00:00:56.202 -- 00:01:01.089 This was led by a strong performance in the food service channel, with continued innovation 00:01:01.089 -- 00:01:06.134 activity on new menu items, seasonal launches, as well as cost 00:01:06.134 -- 00:01:08.595 reduction solutions. 00:01:08.677 -- 00:01:13.843 Growth in the retail channel was supported by increased retailer brand innovation 00:01:13.843 -- 00:01:18.526 and nutritional renovation across a range of customers. 00:01:19.009 -- 00:01:23.974 On EBITDA margins, we delivered very strong...