Glanbia revenue up 10.5% after sports nutrition boost

UPDATE: Food group Glanbia posted a 10.5 per cent jump in revenue to €2.38 billion, underpinned by strong growth in its sports nutrition arm.

12th March, 2014
Some Glanbia brands.

Food group Glanbia posted a 10.5 per cent jump in revenue to €2.38 billion, underpinned by strong growth in its sports nutrition arm. Shares in the company rose almost 2 per cent this afternoon, following the announcement.

The Global Performance Nutrition arm of the company posted a 15.7 per cent increase in revenue to €655.3 million, with earnings jumping by almost 28 per cent to €70.6 million. That helped Glanbia’s overall earnings before interest, taxation and amortisation...

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