Companies
Glanbia slightly raises its profit outlook thanks to higher prices and currency tailwinds
Siobhán Talbot, group managing director of the performance nutrition giant, said the company had maintained its growth momentum despite a challenging macro environment
Glanbia has marginally raised its full year earnings guidance for 2022 and said it now expects to deliver double-digit profit growth of between 10 and 13 per cent. The group said it has lifted the bottom-end of its earnings guidance thanks to higher prices for its products, lower operating costs and very strong currency tailwinds as the US dollar is at its strongest level against the euro in 20 years.
Announcing third quarter results on ...