What to watch in food duo's figures

Kerry and Glanbia report first-half results amid currency challenges

Glanbia H1 revenue up 11.5 per cent. Pic: RollingNews.ie

Two of Ireland’s biggest companies will deliver their first-half results this morning. Kerry Group and Glanbia have both grown from their co-op origins to become global businesses.

Shares in both companies, though well ahead so far this year, have drifted back slightly in recent weeks as both are affected by currency volatility. In particular, the recent euro strength has an impact as it reduces the reported value of their substantial earnings in other ...