Kerry Group 3Q Revenue Hit by Pandemic; Sees Full-Year EPS Decline
04 Novembro 2020 - 4:55AM
Dow Jones News
By Matteo Castia
Kerry Group PLC said Wednesday that third-quarter revenue was
hurt by the coronavirus pandemic and an adverse currency
effect.
Quarterly revenue fell 4.5% on year, reflecting a volume decline
of 4.7%.
"We expect business volumes to return to growth in the final
quarter and are guiding a full-year earnings per share decrease of
8% to 11% in constant currency," the Ireland-based food company
said.
Write to Matteo Castia at matteo.castia@dowjones.com
(END) Dow Jones Newswires
November 04, 2020 02:40 ET (07:40 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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