Food group Kerry says that sales revenues over the nine months to September increased by 8.7% from the same period last year. In a trading statement, the company that sales volumes in continuing businesses grew by 5.3%.
Kerry said lower prices and exchange rate movements had an affect on sales volumes.
Kerry said sales volumes in its ingredients and flavours business were 6% higher compared to the same time last year, while volumes in its consumer foods division rose by 3.5%.
The company said that despite adverse currency movements and raw material cost increases, the group remains on track to deliver mid-teen percentage growth in adjusted earnings per share for the full year.
Shares in the group closed up 1.2% at €26.70 in Dublin.
