Subscribe Login
Uncategorised

Glanbia Shows Good Performance In Interim Statement

Glanbia issued its Interim Management Statement showing a good performance in the first nine months of 2013. The total group revenue, including Joint Ventures and Associates, grew 14% in the nine months to October 5, compared to the same period in 2012.

This comprised approximately 9% volume growth and 5% price growth with the impact of acquisitions and disposals largely offsetting one another.

John Moloney, Group Managing Director said, "Trading is in line with expectations and we expect this trend to continue for the remainder of the year. Momentum continues in our two core global businesses, particularly in Global Performance Nutrition where revenue growth continues to outperform market growth rates."

The group expects to deliver 2013 adjusted earnings per share growth of circa 10%, on a constant currency basis, which is at the upper end of previous guidance. The Interim Statement was issued in accordance with the reporting requirements of the EU Transparency Directive.

© 2013 - Checkout Magazine by Genna Patterson

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.

LIMITED TIME OFFER: 20% Off Our Premium Subscription
Enjoy full access to all website and app content, our weekly email news digest, and to Checkout Magazine 12 times a year (including our Top 100 Brands 2022 edition).
LIMITED TIME OFFER: 20% Off Our Premium Subscription
LIMITED TIME OFFER: 20% Off Our Premium Subscription
Enjoy full access to all website and app content, our weekly email news digest, and to Checkout Magazine 12 times a year (including our Top 100 Brands 2022 edition).
LIMITED TIME OFFER: 20% Off Our Premium Subscription