Boardroom Briefing

Performance nutrition boost for Glanbia

Food group Glanbia reported an 11 per cent increase in its first-half earnings to €176.5 million.

The company confirmed its forecast for earnings per share growth of eight to ten per cent this year, despite a 2.1 per cent drop in revenue to €1.84 billion.

In a statement, Glanbia said the strong first-half performance was driven by its performance nutrition division, with earnings before interest, tax and amortisation ...