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Non-executive director cashes out of Kerry

The share sales comes as the food and ingredients specialist has bounced back strongly from the depths of the Covid-19 pandemic
November 19, 2020
  • Independent non-executive director Hugh Brady has sold a little over €145,000-worth of shares.
  • The food and ingredients company has been hit by the closure of restaurants but has bounced back strongly.
IC TIP: Buy at 119€

Food and ingredients specialist Kerry (KYGA) has proved relatively resilient during the Covid-19 crisis. Revenue dropped by just 5 per cent year-on-year in the nine months to 30 September as price increases and acquisitions were unable to offset lower volumes.

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