Kerry Group Future Growth

Future criteria checks 3/6

Kerry Group is forecast to grow earnings and revenue by 10.7% and 5.9% per annum respectively. EPS is expected to grow by 12.4% per annum. Return on equity is forecast to be 13% in 3 years.

Key information

10.7%

Earnings growth rate

12.4%

EPS growth rate

Food earnings growth	9.2%
Revenue growth rate	5.9%
Future return on equity	13.0%
Analyst coverage	Good
Last updated	13 Mar 2025

Recent future growth updates

Recent updates

Kerry Group's (ISE:KRZ) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 21

These 4 Measures Indicate That Kerry Group (ISE:KRZ) Is Using Debt Reasonably Well

Feb 20

Kerry Group plc (ISE:KRZ) Shares Could Be 44% Below Their Intrinsic Value Estimate

Jul 27

Returns On Capital At Kerry Group (ISE:KRZ) Paint A Concerning Picture

Jun 25

With Kerry Group plc (ISE:KRZ) It Looks Like You'll Get What You Pay For

May 12

Kerry Group plc's (ISE:KRZ) CEO Will Probably Find It Hard To See A Huge Raise This Year

Apr 26

An Intrinsic Calculation For Kerry Group plc (ISE:KRZ) Suggests It's 42% Undervalued

Apr 22

Kerry Group (ISE:KRZ) Is Increasing Its Dividend To €0.808

Mar 29

Earnings and Revenue Growth Forecasts

ISE:KRZ - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	8,445	958	928	1,274	9
12/31/2026	7,774	858	810	1,114	11
12/31/2025	7,418	793	728	1,016	11
12/31/2024	6,929	673	677	989	N/A
6/30/2024	7,779	662	810	1,095	N/A
3/31/2024	7,900	695	783	1,066	N/A
12/31/2023	6,975	701	756	1,038	N/A
9/30/2023	8,428	733	698	969	N/A
6/30/2023	8,836	737	640	899	N/A
3/31/2023	8,804	672	570	811	N/A
12/31/2022	8,772	606	501	722	N/A
9/30/2022	8,299	685	408	630	N/A
6/30/2022	7,826	764	315	538	N/A
3/31/2022	7,588	763	336	596	N/A
12/31/2021	7,351	763	356	654	N/A
9/30/2021	7,236	666	420	721	N/A
6/30/2021	7,122	568	484	789	N/A
3/31/2021	7,037	561	438	730	N/A
12/31/2020	6,953	554	392	672	N/A
9/30/2020	7,020	547	371	662	N/A
6/30/2020	7,086	540	350	652	N/A
3/31/2020	7,164	553	400	708	N/A
12/31/2019	7,241	567	450	764	N/A
9/30/2019	7,096	560	389	699	N/A
6/30/2019	6,951	553	328	635	N/A
3/31/2019	6,779	547	337	643	N/A
12/31/2018	6,608	541	346	651	N/A
9/30/2018	6,530	565	N/A	649	N/A
6/30/2018	6,452	590	N/A	647	N/A
3/31/2018	6,430	589	N/A	659	N/A
12/31/2017	6,408	589	N/A	671	N/A
9/30/2017	6,342	562	N/A	692	N/A
6/30/2017	6,275	536	N/A	712	N/A
3/31/2017	6,203	534	N/A	697	N/A
12/31/2016	6,131	533	N/A	683	N/A
9/30/2016	6,122	522	N/A	738	N/A
6/30/2016	6,113	510	N/A	792	N/A
3/31/2016	6,109	518	N/A	757	N/A
12/31/2015	6,105	525	N/A	721	N/A
9/30/2015	5,998	524	N/A	620	N/A
6/30/2015	5,891	523	N/A	518	N/A
3/31/2015	5,824	501	N/A	494	N/A
12/31/2014	5,757	480	N/A	469	N/A
9/30/2014	5,769	321	N/A	466	N/A
6/30/2014	5,781	162	N/A	463	N/A
3/31/2014	5,809	123	N/A	461	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: KRZ's forecast earnings growth (10.7% per year) is above the savings rate (1.5%).

Earnings vs Market: KRZ's earnings (10.7% per year) are forecast to grow faster than the Irish market (6.2% per year).

High Growth Earnings: KRZ's earnings are forecast to grow, but not significantly.

Revenue vs Market: KRZ's revenue (5.9% per year) is forecast to grow faster than the Irish market (4% per year).

High Growth Revenue: KRZ's revenue (5.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: KRZ's Return on Equity is forecast to be low in 3 years time (13%).

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/21 16:09
End of Day Share Price	2025/03/21 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kerry Group plc is covered by 30 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Lauren Lieberman	Barclays
Alexander Sloane	Barclays
Fulvio Cazzol	Berenberg

Kerry Group Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 9.0% to €96.37

Kerry Group plc Reaffirms Earnings Guidance for the Year 2023

Recent updates

Full year 2024 earnings: Revenues and EPS in line with analyst expectations

Kerry Group's (ISE:KRZ) Shareholders Will Receive A Bigger Dividend Than Last Year

Final dividend increased to €0.89

These 4 Measures Indicate That Kerry Group (ISE:KRZ) Is Using Debt Reasonably Well

Full year 2024 earnings: Revenues and EPS in line with analyst expectations

Kerry Group plc, Annual General Meeting, May 01, 2025

Kerry Group's (ISE:KRZ) Returns On Capital Not Reflecting Well On The Business

Kerry Group plc to Report Fiscal Year 2024 Results on Feb 18, 2025

Are Investors Undervaluing Kerry Group plc (ISE:KRZ) By 44%?

The Price Is Right For Kerry Group plc (ISE:KRZ)

Kerry Co-Operative Creameries Limited entered into an agreement to acquire 70% stake in Kerry Dairy Consumer Foods Limited from Kerry Group plc (ISE:KRZ) for approximately €350 million.

Kerry Co-Operative Creameries Limited entered into an agreement to acquire 70% stake in Kerry Dairy Consumer Foods Limited from Kerry Group plc (ISE:KRZ) for approximately €350 million.

Returns On Capital Signal Tricky Times Ahead For Kerry Group (ISE:KRZ)

Upcoming dividend of €0.38 per share

Does Kerry Group (ISE:KRZ) Have A Healthy Balance Sheet?

Kerry Group plc (ISE:KRZ) Not Lagging Market On Growth Or Pricing

Kerry Group's (ISE:KRZ) Dividend Will Be €0.381

First half 2024 earnings released: EPS: €1.67 (vs €2.02 in 1H 2023)

First half dividend increased to €0.38

Kerry Group plc Declares Interim Dividend, Payable on 8 November 2024

Kerry Group plc (ISE:KRZ) Shares Could Be 44% Below Their Intrinsic Value Estimate

Returns On Capital At Kerry Group (ISE:KRZ) Paint A Concerning Picture

Independent Non-Executive Director recently bought €796k worth of stock

With Kerry Group plc (ISE:KRZ) It Looks Like You'll Get What You Pay For

Kerry Group plc (ISE:KRZ) commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on May 2, 2024.

Kerry Group plc Announces Board Changes

Kerry Group plc to Report Q3, 2024 Results on Nov 07, 2024

Kerry Group plc's (ISE:KRZ) CEO Will Probably Find It Hard To See A Huge Raise This Year

An Intrinsic Calculation For Kerry Group plc (ISE:KRZ) Suggests It's 42% Undervalued

Upcoming dividend of €0.81 per share

Kerry Group (ISE:KRZ) Is Increasing Its Dividend To €0.808

Final dividend increased to €0.81

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Kerry Group plc, Annual General Meeting, May 02, 2024

Kerry Group plc to Report Fiscal Year 2023 Results on Feb 15, 2024

Kerry Group plc Announces the Appointment of Msliz Hewitt as Non-Executive Director and as Member of the Audit Committee, with Effect from 1 March 2024

Price target decreased by 9.0% to €96.37

Kerry Group plc (ISE:KRZ) announces an Equity Buyback for £300 million worth of its shares.

Kerry Group plc (ISE:KRZ) announces an Equity Buyback for £300 million worth of its shares.

Upcoming dividend of €0.35 per share at 1.4% yield

Kerry Group plc to Report Q3, 2023 Results on Oct 26, 2023

First half 2023 earnings released: EPS: €2.02 (vs €1.28 in 1H 2022)

Kerry Group plc Reaffirms Earnings Guidance for the Year 2023

Kerry Group plc (ISE:KRZ) acquired Shanghai Greatang Orchard Food Co. Ltd for CNY 1.5 billion.

Upcoming dividend of €0.73 per share at 1.1% yield

Board Member recently sold €319k worth of stock

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Kerry Group plc, Annual General Meeting, Apr 27, 2023

High number of new directors

Kerry Group plc to Report Fiscal Year 2022 Results on Feb 16, 2023

Kerry Group plc Appoints Patrick Rohan as Non-Executive Director, Effective on 16 January 2023

Upcoming dividend of €0.31 per share

Kerry Group plc (ISE:KRZ) acquired Almer Malaysia Sdn Bhd.

Kerry Group plc to Report Q3, 2022 Results on Oct 27, 2022

Kerry Group plc (LSE:KYGA) entered into a definitive agreement to acquire the B2B Powdered Cheese Business and Related Assets of The Kraft Heinz Company (NasdaqGS:KHC) for approximately $110 million.

First half 2022 earnings released

Kerry Group plc to Report First Half, 2022 Results on Jul 29, 2022

Upcoming dividend of €0.67 per share