Kerry Publishes Preliminary Results for 2025
Kerry Group has published data of its 2025 financial performance. The Strong Market Outperformance and Continued Strategic Development report shows the company achieved strong volume growth within food and beverage end markets, increased its nutritional reach to 1.46 billion consumers globally, and continued its targeted capital investments and portfolio development activity. Other highlights from the review include:
- Revenue of €6,758m
- Volume growth of +3.0% (Q4: +2.8%)
- Pricing of -0.3% (Q4: -1.3%)
- EBITDA of €1,208m with EBITDA margin +80bps to 17.9%
- Adjusted EPS of 481.5 cent, +7.5% in constant currency (+3.0% reported growth)
- Basic EPS of 400.2 cent (2024: 424.5 cent)
- Free cash flow of €643m reflecting 81% cash conversion
- ROACE of 10.6% (2024: 10.6%)
- New €300m share buyback program announced today
- Final dividend of 98 cent per share (total 2025 dividend +10.1% to 140 cent)
- Good progress on sustainability commitments including increasing nutritional reach to 1.46 billion consumers
Kerry Group Chief Executive Officer, Edmond Scanlon, reflected on the importance of the company's findings for their brand as a market leader, "We delivered another year of strong end market volume outperformance and margin expansion, supporting high-single-digit constant currency adjusted earnings per share growth. We achieved Group revenue of €6.8bn and EBITDA of €1.2bn, as we extended our nutritional reach of positive and balanced solutions to 1.46 billion consumers. Volume growth was driven by a strong performance in the Americas throughout the year. This was led by foodservice innovation and increased nutritional renovation across a broad range of customers, given our positioning as a leader in sustainable nutrition, with customers looking to address nutrition, taste, cost or sustainability aspects.
We continued to strategically evolve our business, including further developing our Biotechnology Solutions and Taste capabilities, expanding our manufacturing footprint in emerging markets and strengthening our customer innovation center network, while executing on our Accelerate program. As we look to 2026, Kerry remains well positioned for strong market outperformance, supporting our customers as their innovation and renovation partner. We expect to deliver continued volume growth and margin expansion, resulting in constant currency adjusted earnings per share growth of 6% to 10%.”
A full version of the report is available for download here.
Oterra Announces 2030 Sustainability Strategy
Providers of naturally sourced colors, Oterra, has outlined its eco-friendly objectives in the recently published 2030 Sustainability Strategy. The company's approach will focus on three key areas: Nature, Climate and People. Each target will look to mark a step towards becoming a more resilient, transparent, and sustainable company. “We believe that working with nature, not against, it drives efficiency, resilience, and long-term growth. Our 2030 Sustainability Strategy reflects this conviction. It is a roadmap for strengthening our operations, safeguarding our supply chain, and creating real value for our business, customers, partners, and society,” shared CEO Martin Sonntag.
With an overall mission of reducing the company’s impact while keeping pace with the growing demand for colors sourced from natural ingredients, Oterra's actionable strategy includes goals for no deforestation, water stewardship, waste recycled or reused, SBTi validated greenhouse gas targets, energy efficiency and gender distribution targets, health and safety, business integrity, and responsible sourcing. "Since 2022 we have reduced direct emissions by 20% and have moved to 100% renewable electricity. Looking ahead, we are committed to achieving net zero, with a clear near-term focus on meeting our 2030 targets of reducing our total greenhouse gas emissions by 28% as a critical first milestone,” shared Oterra’s Head of Global Sustainability, Vera Karmeback.
Oterra’s 2030 Sustainability Strategy can be viewed on the company's website.
Bioiberica Receives Frost & Sullivan Award
In honor of the company's outstanding achievements in clinical validation, ingredient differentiation, and evidence-based product development, Bioiberica was presented with the Frost & Sullivan 2025 European New Product Innovation Recognition in the innovative collagen solutions industry. With a sustained investment in native type II collagen research and pharmaceutical-grade production capabilities, the award recognizes Bioiberica's high standards in scientifically backed collagen innovation, manufacturing transparency, and customer collaboration.
"We’re honored to receive this prestigious award, and we’d like to thank everyone who has contributed to this milestone – from our exceptional scientists and technical experts to our production specialists, regional distributors and more,” commented Antonio Vendrell, Marketing & Communications Director at Bioiberica. “To us, collagen is much more than just a molecule. It is a tool that, through in-depth research and refinement, unlocks virtually limitless opportunities for health and wellbeing innovation. Through our continuous efforts to clinically characterize the benefits of Collavant n2, as well as our initiatives to dispel common myths and misconceptions in the collagen market, we hope to empower our industry partners to unlock the next generation of collagen innovation.”
Rodale Institute Announces Chief Scientific Officer (CSO) Fund
Donors can now contribute to a new fund that allows for the underwriting of the salary and annual research expenses of Rodale's Chief Scientific Officer (CSO) into perpetuity. Started by Gary and Meg Cadoux Hirshberg, The Hirshberg Research Endowment Fund will help provide an operating expense stipend and enable the CSO to lead transformative initiatives, mentor emerging scientists, and shape the organization’s scientific vision.
“Gary and Meg have believed in the mission of Rodale Institute for decades, and we are incredibly grateful for this generous gift of invaluable support,” shared Jeff Tkach, CEO of Rodale Institute. “As the country’s leading agricultural research nonprofit, Rodale Institute advances world-class scientific research, trains the next generation of farmers and inspectors, and guides the transition of farmland and global supply chain operators. Our important work enables farmers to transition to regenerative organic agricultural practices more easily, creating healthy soil, healthy people, and a healthy planet. And this doesn’t happen without the vital contributions like those of The Hirshberg Research Fund.”
The Riverside Company Buys Into Western Botanicals
Full-service nutraceutical contract development and manufacturing organization (CDMO), Western Botanicals, has received an investment from global investment firm, The Riverside Company. With Brown Gibbons Lang & Company serving as exclusive financial advisors, the new financing aligns with Riverside's focus on aligning with businesses benefiting from long-term demographic, wellness and innovation trends. With 46 finalized platform investments in this field, the Riverside Company plans to let the current management team retain significant ownership stake in the business.
“As consumers increasingly invest in healthy lifestyles and prioritize preventive wellness, demand for high-quality supplements continues to grow,” shared Brad Roberts, Co-Chief Investment Officer of Riverside’s Capital Appreciation strategy (RCAF). “Western Botanicals is well-positioned to capitalize on these market tailwinds, and we are excited to partner with the management team to build on the company’s strong momentum. Together, we aim to support continued organic growth, expand product and format capabilities and further establish Western Botanicals as a comprehensive solution for its customers.”
Univar Solutions Announces Partnership with Ashland
Global solutions provider of Specialty ingredients and chemicals solutions provider, Univar Solutions B.V., has agreed to an exclusive distribution partnership between its Foodology by Univar Solutions business and global, consumer-focused additives and specialty ingredients company, Ashland Inc. The new deal creates enhanced product availability, faster delivery, specialized expertise, and improved support services partnerships for a wide range of offerings including methylcellulose (MC), hydroxypropylmethylcellulose (HPMC), carboxymethylcellulose (CMC), hydroxypropylcellulose (HPC), ethylcellulose (EC), and PVPP. As of January 1, 2026, the joint venture introduced an extensive array of cellulose ethers to the food and beverage industry in EMEA.
"Ashland's specialty ingredients are a strategic addition to our existing portfolio," said Aaron Lee, Global Vice President of Health & Nutrition for Univar Solutions. "We're excited to broaden our cellulose ether offerings across EMEA, especially as the demand for alternative and plant-based proteins continues to accelerate in the nutrition space. Foodology by Univar Solutions is here to help customers succeed with the support of our global distribution network. We're excited to build a strong partnership that brings consistency and growth while working together to spark new ideas in food and beverage."
Trending: Breadfruit in Plant-Based Baking
With number of consumers adopting gluten-free diets growing every year, alternative products that can offer equal flavor, texture, and satisfaction are seeing significant spikes in interest from the market. Enter Breadfruit flours and baking mixes. Pioneered as a sustainable, naturally gluten-free, nutrient-dense ingredient by Puerto Rican/US-based company, Amasar, breadfruit is a well-known staple amongst the Caribbean and Pacific communities. It features a lightly toasted aroma, subtle nutty sweetness, is plant-based, non-GMO, and clean-label certified. Breadfruit flour and baking mixes can be used for waffles, pancakes, banana bread, pizza crusts, and other consumer household favorites.
“Breadfruit has long been an insider ingredient in Caribbean cuisine, and it is now stepping into the spotlight as a refined, high-performing flour for modern baking,” said Marisol Villalobos, Amasar Co-Founder and CEO. “It has this incredible ability to feel familiar while offering something entirely new. Once people taste it, they realize gluten-free baking does not have to be a compromise. It can be joyful, deeply satisfying, and rooted in real food traditions. That is what we are bringing into American kitchens.”
