Glanbia chiefs meet the activist investor urging radical overhaulSenior executives of the food and nutrition giant met Clearway boss Gianluca Ferrari to discuss his proposals to split the food and nutrition giant into two separate companies
companies Running out of muscle: Activist investor pushes for radical shake-up of GlanbiaClearway Capital believes shares in Glanbia are ‘deeply undervalued’, and that it’s time to hive off its prized performance nutrition arm. But will other investors back a radical shake-up in the Irish nutrition giant?
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
Glanbia chief warns of ‘headwinds’ in food supply chainGroup managing director Siobhán Talbot is confident that the nutrition giant will weather expected dairy price inflation, as comfortable profit margins lead to full-year dividend of nearly 30 per cent per share
Glanbia announces a further €50m share buyback scheme as profits surge in 2021The performance nutrition firm reported profits at the higher end of market forecasts but warned that inflation in dairy markets would pose a challenge this year
Company watch: Glanbia moves to quell investors’ unease In an effort to stop a share price decline, Glanbia Co-op announced it will not sell shares in Glanbia plc to help fund its takeover of the group’s dairy arm
Glanbia to ringfence €170m for added value investments, including plant-based foodsIreland’s largest dairy company is planning significant pivots to ‘add value’ in response to market pressures, including the creation of more plant-based products – and a name change
Dairy farmers set to gain full control of Glanbia IrelandPotential €307 million deal would result in the remaining 40 per cent stake in the milk processing company being sold to Glanbia Co-op, an investment vehicle owned by dairy farmers
Dairy farmers weigh up €500m deal to buy out Glanbia IrelandThe board of Glanbia Co-op is weighing up a potential deal to acquire the remaining 40 per cent of Ireland’s largest dairy business
Glanbia presses start on e-sports nutrition firm dealPerformance nutrition giant acquires 60 per cent stake in Germany-based company that sells energy and nutrition powders to gamers and e-sports athletes
Glanbia raises full-year guidance as half-year profits soar to €160mGrowth in sales meant the performance nutrition giant’s earnings for first six months were up 88 per cent on same period last year
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
Glanbia gets boost from sales of performance nutrition brandsSiobhán Talbot, the company’s managing director, says recovery in sales is due to a shift to healthier food as a result of the pandemic