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Financials
 

Revenues for period

$13,779.4m

Net profit att. to shareholders

  $636.7m

Earnings per stock unit

  $1.95

1st Quarter 2008 (Un-audited)

 
Company Profile

 

GraceKennedy is one of the Caribbean's largest and most dynamic corporate entities. The company started in Jamaica in 1922 as a small trading establishment and wharf founders. It has expanded and diversified over the years, changing from a privately-owned enterprise to a  public company listed on the stock exchanges of Jamaica, Trinidad, Barbados and the Eastern Caribbean.  Today, the GraceKennedy Group comprises a varied network of some 60 subsidiaries and associated companies located across the Caribbean and in North and Central America and the United Kingdom. ( See our organizational chart ) Our operations span the food distribution, financial, insurance, remittance, hardware retailing and food-processing industries.

In 1995, GraceKennedy developed its 2020 Vision, our objective being to transform ourselves from a Jamaican trading company to a global consumer group with our roots in Jamaica. After thirteen years on this journey, the company is substantially larger and stronger, measured by our growth in revenues, productivity, profits and market value.

GraceKennedy’s revenues in 2007 were JA$48.75 billion, an increase of 35.1% compared to the $36.09 billion earned in 2006. Net profits attributable to stockholders increased by 86.2 % to $3.436 billion or $1.591 billion over the corresponding period of 2006. Our market value at the end of 2007 was JA$23.54 billion, an increase of 13%.

Our mission continues to be, ' To satisfy the unmet needs of Caribbean people wherever we  live  in the world ' .

 

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gracekennedy@gkco.com
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