Kerry Group Earnings: Accelerating Volume Growth Momentum Drives New 2030 Targets; Shares Cheap
Kerry Group reported second-quarter volume growth acceleration to 3.5% from 3.1% in the first quarter. The company also unveiled new medium-term targets through 2030, guiding to 3%-5% annual volume growth and a step-up in EBITDA margin to 20%-21%. Shares were trading up 3% intraday.