GraceKennedy reported solid revenue growth for the year ended December 31, with top-line earnings rising to J$177.8 billion — an increase of 6.4 per cent over 2024.
The Group said the performance reflects the resilience of its diversified business model, strong brand portfolio and continued expansion across international markets.
However, profitability for the year was affected by one-off impacts from Hurricane Melissa, including elevated insurance claims and the temporary closure of the Grace Food Processors Meats plant in Westmoreland.
The company noted that its business continuity framework, reinsurance programme and digital infrastructure helped to limit longer-term disruption.
Group Chief Executive Officer Frank James said the results demonstrate the strength of the company's operations despite extraordinary challenges.
The Group reported double-digit revenue growth in both the US and UK markets, supported by strong brand performance and improved distribution.
The GraceKennedy Financial Group (GKFG) also recorded revenue growth, driven by double-digit loan expansion in its Jamaican commercial banking segment and strong results from its general insurance business.
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