Kerry Group reported sales volume growth of 3.6% in the first nine months of this year.

However, revenue for the year to date was down 0.6%, almost exclusively driven by currency movements.

Both of those metrics improved in the three months to the end of September, with volume growth of 4.1% and revenue up 0.2%.

Kerry chief financial officer Marguerite Larkin said that currency movements are “expected to be favourable” for the company in the last three months of 2026.

Kerry maintained its previously announced full-year constant currency earnings per share guidance of 6% to 10%.

Share buyback

The company announced another share buyback scheme of €300m. Since launching its first recent major buyback programme in November 2023, Kerry has bought back almost 20 million of its own shares.

Chief executive officer Edmond Scanlon said: “We are pleased to report a strong performance in the period, reflecting a further step up in volume growth across all three regions in the third quarter, combined with continued strong margin expansion.

"The volume growth achieved in the third quarter reflects very strong growth in the Americas, a further step up in APMEA and good growth in Europe.

"Growth in the period was led by good innovation activity in the food service channel and continued product renovation activity in the retail channel.”

Markets reacted positively to the results, with Kerry shares trading more than 2% higher at €96.20, adding to the recent strong market performance for the company.