✉news HealthNutrition first seen 23 h ago, last 1 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
Kerry Group, the Irish food and nutrition company, is targeting profit margins of 20%-21%, citing growth driven by biotechnology in its taste and nutrition businesses. The company is betting on biotech-based ingredients and solutions to expand its higher-margin food ingredients portfolio, a strategy investors and market commentators are following closely.
Why now: Kerry Group's new margin targets and biotech-driven growth strategy are drawing investor attention.
Evidence
- Kerry Group Targets 20%-21% Margins as Biotech Fuels Taste and Nutrition Growth · Yahoo Finance
- Kerry Group Targets 20%-21% Margins as Biotech Fuels Taste and Nutrition Growth · MarketBeat
- Kerry Group Targets 20%-21% Margins as Biotech Fuels Taste and Nutrition Growth · MarketBeat
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