The Kerry share price climbed to its highest point so far this year, reaching €89.25 when the results were announced before slipping back to €86 by lunchtime on Wednesday.

This followed the release of their half results which showed an increase in volume sales but a sight drop in revenue to €3.336bn from €3.463bn in the first half of 2025. EBITDA was €558.1m, slightly higher than the €555.9m reported for the first half of last year. Operating profit was €355.2m after the inclusion of non trading items to the value of €40.5m, down from €381m in the same period last year.

For the period, Kerry reported a “good volume growth of 3.3%, an overall pricing reduction of 1.0% reflective of input cost deflation, adverse transaction currency of 0.1%, a reduction from disposals net of acquisitions of 1.1% and adverse translation currency of 4.8%, resulting in an overall reported revenue decrease of 3.7%.”

Kerry said that their growth in volume “remained significantly ahead of food and beverage end markets in the period,” and that “growth in the period was driven by good innovation activity in the foodservice channel and continued product renovation activity in the retail channel.”

They also released their financial targets for 2030 which include volume growth between 3-5% and EBITDA margin of 20-21% which is based on an assumption of neutral currency and input costs.