Saturday September 26, 2020

Glanbia expects 20 per cent growth in earnings

UPDATE: Glanbia has about €150 million available for potential acquisitions net of expansion projects at facilities in Ireland and Germany, group managing director John Moloney said today.

16th November, 2011
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Glanbia managing director John Moloney

Dairy company, Glanbia has about €150 million available for potential acquisitions net of expansion projects at facilities in Ireland and Germany, group managing director John Moloney said today.

Glanbia has an “active” ongoing program for evaluating acquisitions, Moloney said in an interview with Bloomberg. Glanbia said today it expects to achieve full-year adjusted earnings per share growth of about 20 per cent, at the upper end of its August guidance for 18 per cent to...

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