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Fri 11 Nov 2009Kerry expects to raise 2009 earnings to higher forecast
KERRY GROUP is expecting to increase its earnings for the full year to the higher end of forecasts as business volumes showed a modest improvement.
A trading statement for the 10 months to the end of October showed continuing business volumes were 1.5 per cent ahead on a group-wide basis. Overall revenues were down 6 per cent on the same period in 2008, a trend the company attributed to currency changes, lower pricing and business restructuring.
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