date:Nov 01, 2012
r stage, the Groups underlying trading margin performance remained strong in the period.
Despite increased unallocated development costs relating to the Groups ongoing 1 Kerry business transformation programme and global IT project and the dilutive impact of 2011 acquisitions, the Group trading profit margin increased by 10 basis points relative to the same period of 2011. This reflects a 10 basis points increased margin in Ingredients Flavours and an unchanged margin in Consumer Foods.
Rev