Kerry Group reports 2023 €800m revenue drop to €8bn, EBITDA at €1.2bn, with CEO pay rise to €4.6m.
Kerry Group, an Irish food and beverage firm, reported a 2023 revenue drop of €800m to €8bn, with EBITDA at €1.2bn (14.5% margin). CEO Edmond Scanlon's pay rose to €4.6m. The company anticipates market volume outperformance and margin expansion in 2024, while Dairy Ireland experienced a 6.5% volume decrease. Kerry Group's annual general meeting is scheduled for May 2.
March 15, 2024
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