Kerry Group Sees Consumer Foods Volumes Up In Q3
Ireland's Kerry Group has seen its Consumer Foods volumes rise 1.2% in the third quarter of the year, while volumes at its Taste & Nutrition business rose by 4.1%.
The group noted that its Consumer Foods operation performed ahead of the market, driven by 'good growth' in its Food to Go businesses, while pricing during the quarter was flat, reflecting neutral raw-material prices during the period.
Its Richmond range 'performed well' it noted, while Cheestrings and Fridge Raiders saw 'strong growth'.
However, its Convenience Meal Solutions ranges remained 'challenged' during the period, due to reduced promotional activity and the good weather, the group added.
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