Kerry Group 'A' Shares (CDI) (KYGA)

Sector:

Food

  80.55
   
  • Change Today:
     0.45
  • 52 Week High:  99.0
  • 52 Week Low:  71.7
  • Currency: Euro
  • Shares Issued: 173.84m
  • Volume: 109,795
  • Market Cap:  14,003m
  • RiskGrade: 121

Kerry Group snaps up majority stake in biotechnology outfit c-LEcta

By Iain Gilbert

Date: Tuesday 15 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Irish food company Kerry Group has reached an agreement to acquire roughly 92% of biotechnology firm c-LEcta for €137.0m.
Kerry Group said on Tuesday that the "strategically compelling combination" will accelerate its innovation capabilities in enzyme engineering, fermentation and bioprocess development, while its "broad market reach" across food and pharma markets, combined with its deep enzyme applications expertise and integrated ingredient technology design, will enable and accelerate the growth potential of c-LEcta's strong portfolio and technology capabilities.

The London-listed firm added that the acquisition will further support its commitment to invest in the development of innovative sustainable technologies, which will be at the heart of future sustainable food and health systems.

Kerry Group noted that the purchase follows its €62.0m acquisition of Enmex on 14 December.

As of 0850 GMT, Kerry Group shares were up 2.22% at €108.05 each.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

KYGA Market Data

Currency Euro
Share Price   80.55
Change Today   0.45
% Change 0.56 %
52 Week High  99.0
52 Week Low  71.7
Volume 109,795
Shares Issued 173.84m
Market Cap  14,003m
RiskGrade 121

KYGA Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.5% below the market average95.5% below the market average95.5% below the market average95.5% below the market average95.5% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
49.03% above the market average49.03% above the market average49.03% above the market average49.03% above the market average49.03% above the market average
21.43% below the sector average21.43% below the sector average21.43% below the sector average21.43% below the sector average21.43% below the sector average
Income
84.11% below the market average84.11% below the market average84.11% below the market average84.11% below the market average84.11% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
70.52% below the market average70.52% below the market average70.52% below the market average70.52% below the market average70.52% below the market average
76% below the sector average76% below the sector average76% below the sector average76% below the sector average76% below the sector average

What The Brokers Say

Strong Buy 3
Buy 4
Neutral 6
Sell 0
Strong Sell 0
Total 13
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

KYGA Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Apr-24 12-Oct-23
Paid 10-May-24 10-Nov-23
Amount 80.80¢ 34.60¢

Trades for 28-Mar-2024

Time Volume / Share Price
18:28 103 @  79.75
18:08 2,301 @  79.98
18:08 35,725 @  79.50
17:54 1,703 @  79.62
17:46 5,881 @  79.45

KYGA Key Personnel

Chair Tom Moran
CEO Edmond Scanlon
CFO Marguerite Larkin

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