Global nutrition group Glanbia's wholly owned revenue for the year to September was 6.6% higher than for the same period last year, while the company has maintained its full-year guidance of 7%-10% growth. 

In an interim management statement, the company said the increase was driven by volume growth of 2.4%, pricing growth of 0.9% and a contribution from acquisitions of 3.3%.

Glanbia's performance nutrition business - which focuses on protein powder and energy drinks - was a strong driver of growth.

This afternoon, the company's shares were over half a percent lower in Dublin trade.

Glanbia Performance Nutrition revenues increased by 9%. This was driven by a 2.7% increase in volume, 7.4% growth from the acquisitions of Amazing Grass and Body & Fit.

The Glanbia Ireland joint venture, which includes brands like Avonmore and Wexford cheese, also delivered a strong performance.

Group Managing Director Siobhán Talbot said "the outlook for the remainder of 2017 is positive and we reiterate our full-year guidance of 7% to 10% growth in pro forma adjusted earnings per share, constant currency, for the continuing Group".