Glanbia reports positive start to year with revenues up 33%

Strong demand for sports nutrition and plant-based products helping to drive growth, according to the company

Siobhán Talbot, managing director of Glanbia. Picture: Dylan Vaughan

Global nutrition group Glanbia has reported a positive start to 2022, with wholly-owned revenues up 33.5 per cent year-on-year on a reported basis in the first quarter.

On a constant currency basis, revenues were up 25 per cent compared to the same period in 2021, according to a trading update from the company.

The improved performance was due to good demand across both Glanbia Performance Nutrition (GPN) and Glanbia Nutritionals (GN).

GPN delivered like-for-like revenue ...