The Kerry Group Plc Board recommends a final dividend of 73.4 cent per share, an increase of 10.0% on the final 2021 dividend. Together with the interim dividend of 31.4 cent per share, this brings the total dividend for the year to 104.8 cent, an increase of 10.1% on 2021.
Other Financial Highlights:
- Group revenue of €8.8 billion reflecting 18.0% organic growth
- Group volume growth of 6.1% and pricing of +11.7%
- Taste & Nutrition volume +7.8% | pricing +8.7%
- Dairy Ireland volume +0.2% | pricing +36.0%
- EBITDA increased by 12.9% to €1.2 billion
- EBITDA margin of 13.9% (2021: 14.7%)
- Adjusted EPS of 440.6 cent; +7.3% in constant currency (15.7% reported currency growth)
- Basic EPS of 341.9 cent (2021: 430.6 cent)
- Free cash flow of €640m reflecting 82% cash conversion
- Strong progress on sustainability commitments including increasing our nutritional reach to 1.2 billion consumers
