Glanbia shares hit two-year high on back of positive Q1

The global nutrition company predicted continuing solid growth after strong cashflow cut its net debt by a third

9th May, 2021
Glanbia shares hit two-year high on back of positive Q1
Siobhán Talbot, Glanbia’s group managing director

Shares in Glanbia reached €13.40 last week, the highest level in almost two years.

The bounce from a starting price of €12.50 last week came on Thursday after the global nutrition company announced a first quarter trading update in which it reinstated its profit outlook for this year.

Glanbia is now guiding earnings per share growth of 6 to 12 per cent for 2021 and has reported improved trading conditions in key markets. It also...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

Induction Healthcare in €30 million Australian medtech deal

Post-surgery bra maker raises half a million from US university