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✉news HealthNutrition first seen 1 d ago, last 3 h ago, peak #6

Kerry Group Targets 20%-21% Margins on Biotech Growth

Original: Kerry Group Targets 20%-21% Margins as Biotech Fuels Taste and Nutrition Growth

Irish food ingredients company Kerry Group has set a target of 20%-21% margins, citing its biotechnology capabilities as a driver of growth in taste and nutrition products. The margin goal was picked up by financial outlets including Yahoo Finance and MarketBeat. The company is positioning biotech-derived ingredients and nutrition solutions as key to expanding profitability in the global food ingredients market.

Why now: Investors are reacting to Kerry Group's new margin guidance and its bet on biotechnology-driven growth.

Kerry GroupYahoo FinanceMarketBeat

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