Kerry Group stock reports 3.3 percent volume growth in H1

Kerry Group stock is backed by 3.3 percent volume growth in the first half of 2026, while the company reported an EBITDA margin of 16.7 percent. The figures show a sharper operational performance beneath a weaker reported revenue line.

Volume growth offsets revenue pressure

Kerry Group dated its H1 2026 results release to July 29, 2026. The food technology group said first-half volume growth reached 3.3 percent, with growth accelerating from 3.1 percent in the first quarter to 3.5 percent in the second quarter.

The volume trend contrasts with reported revenue of EUR 3.33 billion, down 3.7 percent from EUR 3.46 billion in the same period of 2025. Ground News also reported EBITDA of EUR 558 million, compared with EUR 556 million a year earlier.

Margin expansion changes the picture

According to Yahoo Finance, adjusted earnings per share grew 7.9 percent in constant currency during H1 2026, while EBITDA margin expanded by 60 basis points. That combination matters because the 3.7 percent revenue decline did not translate into lower operating earnings.

After-tax profit was EUR 282.6 million in H1 2026, versus EUR 303.1 million in H1 2025, according to Ground News. The contrast between lower profit and higher margin points to currency effects, pricing pressure and portfolio mix as key variables for the group.

Euronext Dublin order book

On September 24, 2026, the Euronext Dublin order book showed a bid of EUR 85.25 and an ask of EUR 85.35 for Kerry Group shares. The spread places the market reference below the EUR 96.45 fair value cited by Simply Wall St on September 22, 2026, although that assessment is not a company forecast.