Agri-Business
The former CEO of Kerry Group, Stan McCarthy, has been unveiled as the incoming deputy chairman of Ryanair, and later chairman.
Kerry Group's revenue equalled €3.2 billion in the first half of this year, according to its Interim Management Report.
Kerry Group is looking at the opportunities for its business that could arise out of Brexit, outgoing CEO of the Group Stan McCarthy has said.
Kerry Group revenue on a reported basis increased slightly by 0.4% to €6.1 billion (2015: €6.1 billion) and profits increased by 7.1% to €749.6m in 2016.
Dairy
World dairy prices should pick up in 2017, the CEO of Kerry Stan McCarthy is predicting, although he said any optimism about prices within the sector should be tempered.
Kerry Group Chief Executive Stan McCarthy has stepped back from an executive role with Kerry Co-op, a spokesperson for Kerry Group has confirmed.
While the immediate prospects for the dairy industry are not favourable, the medium and long-term prospects for the industry are good, according to the CEO of Kerry Group Stan McCarthy.