KERRY GROUP PLC Beyond the Horizon
Kerry Group Annual Report 2020
Kerry Group is the world's leading Taste & Nutrition Company, serving the food, beverage and pharmaceutical industries, and is a leader in its consumer foods categories in the chilled cabinet.
STRATEGIC REPORT
- Our Performance in 2020
- Our Purpose and Vision
- Kerry Group at a Glance
- Chairman's Statement
- Chief Executive Officer's Review
- Our People
- Our Business Model
- Our Technologies
- Our Markets
- Strategy & Financial Targets
- Strategic Advantage
- Key Performance Indicators
- Financial Review
- Business Review: Taste & Nutrition
- Business Review: Consumer Foods
- Sustainability Review
- Risk Management Report
DIRECTORS' REPORT
85 Board of Directors
88 Report of the Directors Governance Report
94 Corporate Governance Report
107 Audit Committee Report
113 Governance, Nomination and Sustainability Committee Report
119 Remuneration Committee Report
FINANCIAL
STATEMENTS
- Independent Auditors' Report
- Financial Statements
- Notes to the Financial Statements
SUPPLEMENTARY INFORMATION
231 Financial Definitions
STRATEGIC REPORT
Kerry Group Annual Report 2020 | 3 |
Our Performance in 2020
In a unique year that saw the entire globe impacted, the resilience of our business was highlighted in our performance. Our culture and our Purpose, Inspiring Food, Nourishing Life was demonstrated through the actions of our people, and we emphasised our role as our customers' most valued partner, creating a world of sustainable nutrition.
FINANCIAL PERFORMANCE MEASURES
Group Revenue
2020 | €7.0 billion | |
2019 | €7.2 billion |
Trading Profit
2020 | €797 million | |
2019 | €903 million |
Net Cash from Operating Activities
2020 | €672 million | |
2019 | €764 million |
Basic EPS
2020 | 313.0 cent | |
2019 | 320.4 cent |
Total Dividend Per Share
2020 | 86.5 cent | +10.1% |
+12.0% | ||
2019 | 78.6 cent |
Business Volumes1
2020 | (2.9%) | ||||||||||
2019 | 2.8% | ||||||||||
Group Trading Margin¹ | |||||||||||
2020 | 11.5% | (100bps) | |||||||||
2019 | 12.5% | +30bps | |||||||||
Free Cash Flow¹ (cash conversion percentage) | |||||||||||
2020 | €412 million | 67% | |||||||||
2019 | €515 million | 74% | |||||||||
Constant Currency Adjusted EPS¹ | |||||||||||
2020 | 345.4 cent | (9.4%) | |||||||||
2019 | 393.7 cent | +8.3% | |||||||||
Return on Average Capital Employed¹ | |||||||||||
2020 | 9.8% | ||||||||||
2019 | 11.8% |
NON-FINANCIAL PERFORMANCE MEASURES
Consumers Reached with | Carbon Reduction² | |
Positive and Balanced Nutrition² | ||
1.0 billion | 17% absolute reduction | |
TOTAL SHAREHOLDER RETURN
+7.4% (2019: +29.3%)
1
2
See Key Performance Indicators section pages 30-31 and the Supplementary Information section page 231 for definitions, calculations and reconciliations of Alternative Performance Measures
See Sustainability section pages 46-70 for further information on non-financial metrics
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Kerry Group plc published this content on 06 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 May 2021 09:46:04 UTC.
