Glanbia gets boost from sales of performance nutrition brands
Siobhán Talbot, the company’s managing director, says recovery in sales is due to a shift to healthier food as a result of the pandemic
The closure of gyms and amateur sport during the pandemic has been frustrating for many. For Glanbia, whose €1.1 billion-a-year protein shakes and bars division relies on those seeking a health kick, Covid-19 has actually helped improve things – in a business where profit margins have come under pressure following years of rapid expansion.
While much of Glanbia’s revenue comes from its food ingredients, supplements and cheese manufacturing, the focus of the company’s investors has...
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