Scanlon argued that biotechnology and biofermentation are increasingly central to solving industry challenges, citing pressures such as climate volatility, finite raw materials, and consumer demands for simpler labels, better nutrition, functional benefits, and authentic taste at a competitive cost. He said biotechnology enables scalable solutions that are not limited by traditional agriculture and can support cleaner labels, improved nutrition, consistent taste, and reduced environmental impact.Scanlon hig ...

Kerry Group (OTCPK:KRYA.F) 2026 Conference February 19, 2026 08:00 AM ET Company ParticipantsEdmond Scanlon - CEOElizabeth Horvath - VP of Marketing for North AmericaMarguerite Larkin - CFOModeratorGood morning, welcome. If we could all find our seats, please, for our next presentation. It gives me great pleasure to introduce Kerry's presentation, which we always look forward to. Kerry is a global leader in the B2B specialty ingredients market, with a consistent, strong track record of growth. In fact, you' ...

THE INNOVATION & RENOVATION PARTNER Disclaimer: Forward Looking Statements This presentation may contain forward looking statements with projections regarding, among other things, Kerry's strategy, revenues, earnings, EBITDA, EBITDA margin, finance costs, tax rate, capital expenditure, dividends, share buybacks, cash flow, net debt or other financial measures, the impact of foreign exchange fluctuations, the impact of input cost fluctuations and other competitive pressures. These and other forward looking s ...

奶酪酱是英国烹饪中常用的一种传统酱汁。它以白酱（被称为 "母酱"之一）和切达奶酪为基础。奶酪酱可以 被视为英式莫尔奈酱（莫尔奈酱本身是贝夏梅尔酱的一种变体，传统上由一半格鲁耶尔奶酪和一半帕玛森奶酪 混合而成）的英式版本。制作方法是在白酱中加入适量的切达奶酪，然后用英式芥末、伍斯特沙司和胡椒等香 料调味。 根据 QYResearch 调研团队最新报告"全球奶酪酱市场报告 2026-2032 "显示，预计 2032 年全球奶酪酱市场规模 将达到 33.1 亿美元，未来几年年复合增长率 CAGR 为 4.2% 。 图. 全球奶酪酱市场前10强生产商排名及市场占有率（基于2025年调研数据；目前最新数据以本公司最新调研 数据为准） 根据 QYResearch 头部企业研究中心调研，全球范围内奶酪酱生产商主要包括 Gehl Foods 、 Kerry Group 、 AFP 、 Nestlé 、 Conagra 、 Campbell (Prego) 、 Bay Valley 、 Kraft Heinz 、 McCormick 、 Knorr 等。 2025 年，全球前五大厂商占有大约 43.0% 的市场份额。 图. 奶 ...

Core Viewpoint - Artisan Value Fund's third-quarter 2025 investor letter indicates that the equity market rally continued, driven by strong corporate earnings, increased AI investment, and favorable US fiscal policies, despite challenges such as tariffs [1]. Fund Performance - The Artisan Value Fund's Investor Class ARTLX, Advisor Class APDLX, and Institutional Class APHLX returned 0.83%, 0.91%, and 0.90% respectively in Q3 2025, underperforming the Russell 1000 Value Index, which returned 5.33% [1]. Stock Highlights - Philip Morris International Inc. (NYSE:PM) was highlighted in the fund's investor letter, showing a one-month return of 3.14% and a 52-week gain of 34.20%, with a closing stock price of $161.05 and a market capitalization of $250.7 billion as of December 26, 2025 [2]. Sector Performance - The fund noted that stock selection was broadly negative across sectors in Q3, particularly in the consumer staples sector, where Philip Morris International Inc. was identified as a laggard contributing to underperformance [3].

Core Viewpoint - The Artisan Value Fund's third-quarter 2025 performance was negatively impacted by stock selection, particularly in the consumer staples sector, despite a broader equity market rally driven by strong corporate earnings and economic support measures [1][3]. Group 1: Fund Performance - The Artisan Value Fund's Investor Class ARTLX, Advisor Class APDLX, and Institutional Class APHLX returned 0.83%, 0.91%, and 0.90% respectively in Q3 2025 [1]. - The Russell 1000 Value Index had a return of 5.33% during the same period, indicating underperformance by the Artisan Value Fund [1]. Group 2: Stock Highlights - Diageo plc (NYSE:DEO) was highlighted in the fund's investor letter, with a one-month return of -6.53% and a 52-week loss of 31.87% [2]. - As of December 26, 2025, Diageo plc's stock closed at $86.32 per share, with a market capitalization of $47.74 billion [2]. Group 3: Sector Performance - The consumer staples sector was identified as the biggest source of underperformance for the Artisan Value Fund, with notable laggards including Diageo plc, Kerry Group, and Philip Morris International [3].

Core Insights - The key to success in a supply-exceeding demand economy is the ability to identify and capture demand before it materializes [2] - The report emphasizes the importance of in-depth market research for companies in the compound seasoning industry to adapt to changing customer needs and competitive environments [2] Report Structure - Chapter 1 analyzes the development environment of the Chinese compound seasoning industry [3] - Chapter 2 examines the current state of the domestic compound seasoning industry [3] - Chapter 3 discusses the competitive status and landscape of the compound seasoning market [3] - Chapter 4 studies the entire industrial chain and upstream market of compound seasonings [3] - Chapter 5 provides analysis and forecasts on market demand, competitive landscape, market prices, and prospects for major types of compound seasonings [3] - Chapter 6 analyzes the demand status and prospects of key regional markets for compound seasonings [3] - Chapter 7 analyzes and interprets leading companies in the Chinese compound seasoning industry, offering practical reference value [3] - Chapter 8 evaluates the development forecast of the compound seasoning industry and outlines investment strategies to assist investors in decision-making [3] Industry Overview - The report highlights the increasing emphasis on market research by leading companies in the compound seasoning sector due to intensifying competition [2][3] - It aims to provide decision-makers with insights into the latest developments in the compound seasoning industry, helping them seize market opportunities and improve operational efficiency [3]