By Matteo Castia

 

Kerry Group PLC said Wednesday that third-quarter revenue was hurt by the coronavirus pandemic and an adverse currency effect.

Quarterly revenue fell 4.5% on year, reflecting a volume decline of 4.7%.

"We expect business volumes to return to growth in the final quarter and are guiding a full-year earnings per share decrease of 8% to 11% in constant currency," the Ireland-based food company said.

 

Write to Matteo Castia at matteo.castia@dowjones.com

 

(END) Dow Jones Newswires

November 04, 2020 02:40 ET (07:40 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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