Business
Kerry : Q1 Interim Management Statement 2026
Kerry : Q1 Interim Management Statement
About this update from Kerry Group Plc
Good Volume Growth and Margin Expansion First Quarter Highlights Volume growth of 3.1% - a strong market outperformance Pricing of -1.3% reflecting overall input cost deflation in the quarter EBITDA margin expansion of 60bps principally driven by Accelerate 2.0 Net debt of €2.2bn Full year constant currency EPS guidance maintained Edmond Scanlon, Chief Executive Officer , says: "We are pleased to deliver a good start to the year, with volume growth across all three regions and continued margin expansion. The volume growth we achieved in the first quarter was driven by continued strong growth and market outperformance in the Americas, with good growth in APMEA and a solid performance in Europe. We continued to deliver strong EBITDA margin expansion in the period, led by efficiencies delivered through our Accelerate 2.0 programme. Our extensive local footprint, unique technology capability, and the strength of our business model positions us well to navigate through this period of geopolitical and macroeconomic uncertainty, as we proactively support our customers as their innovation and renovation partner. While recognising the uncertainty around the ongoing geopolitical volatility, our business remains strongly positioned for volume growth and margin expansion."