Shanghai, China

Regional Development & Application Centre


Regional Development & Application Centre

Bangalore, India

Regional Development & Application Centre

Durban, South Africa

Regional Development & Application Centre

Campinas, Brazil

Regional Development & Application Centre

San Juan del Rio, Mexico

Regional Development & Application Centre

Beloit, Wisconsin, USA

Global Technology & Innovation Centre

Tralee, County Kerry, Ireland

Corporate Headquarters

Naas, County Kildare, Ireland

Global Technology & Innovation Centre

€7.2bn 2018: €6.6 billion
Volume Growth1
+2.8% 2018: +3.5%
Trading Profit
up 12.1%
€903m 2018: €806 million
(up 3.1%)
Group Trading
Margin1 Expansion
+30bps 2018: Maintained
Net Cash from
Operating Activities of
€764m 2018: €651 million
Free Cash Flow1
€515m (74% cash conversion)

2018: €447 million
(72% cash conversion)
Basic EPS
up 4.7%
320.4c 2018: 305.9 c (down 8.3%)
Adjusted EPS Growth
in Constant Currency1
+8.3% 2018: +8.6%
Total Dividend per
Share up 12.0% to
78.6c 2018: 70.2 c (up 12.0%)
Return on Average Capital Employed1 of
11.8% 2018: 12.0%
Total Shareholder
Return of
29.3% 2018: (6.8%)
1 See Financial Key Performance Indicators section pages 32-33 and the Supplementary Information section page 216 for definitions, calculations and reconciliations of Alternative Performance Measures.

As the world leader in taste and nutrition, our Purpose is to Inspire Food and Nourish Life.

#InspiringFood #NourishingLife

Kerry group at a glance


where we operate

18,000+ Products
€291.4m Investment in R&D
1,000+ R&D Scientists
23% Reduction in carbon intensity

Strategic report

Kerry is the global leader in the development of taste and nutrition solutions for the food, beverage and pharmaceutical markets. Our broad technology foundation, customer-centric business model, and industry-leading integrated solutions capability makes Kerry the co-creation partner of choice.

Sustainability Review

As a leader in the food and beverage industry, we understand the challenges that confront the industry and their impact on the current food production systems, knowing that our shared success is dependent on our ability to respond to these challenges quickly and effectively.

Chief Executive Review

Chief Executive Officer’s Review

Strong growth was achieved in the year, driven by good volume growth in Taste & Nutrition and the contribution from strategic acquisitions.

Chief Executive Review

Chairman's Statement

Kerry’s strategic positioning and leading business model continue to be key drivers of growth.

Chief Executive Review

Chief Financial Officer's Review

Continued consistent delivery with good growth.