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The morning business news with Brian Finn

KBC profit rises, nutrition growth drives Glanbia

KBC Bank Ireland has reported profits of just over €173m for the first six months of the year - that's up €99.4 million on the same period last year.

Business • 10 Aug 17

Siobhán Talbot, Glanbia's Group Managing Director, said the outlook for the rest of the year is looking positive

Glanbia says full year targets on track

Global nutrition group Glanbia said its revenues continued to grow in the three months to April 1.

Business • 26 Apr 17

Siobhán Talbot said Glanbia is 'very much a global nutrition organisation'

Glanbia CEO Siobhán Talbot on the firm's results

Nutrition and dairy company Glanbia has reported an 11.2% rise in adjusted earnings for 2016.

glanbia • 22 Feb 17

This morning the company also announced the creation of Glanbia Ireland, a 60/40 joint venture between Glanbia Co-Op and Glanbia Plc

Glanbia 2016 earnings up 11%, new entity announced

Glanbia have announced a more than 11% rise in earnings for 2016, well ahead of analysts' expectations.

Business • 22 Feb 17

Glanbia's Siobhan Talbot says the new buys will extend the company's reach to new consumers and channels

Glanbia buys US and Dutch firms for €181m

Global nutrition group Glanbia has said it is spending about €181m to acquire two companies.

Business • 06 Feb 17

Glanbia new joint venture in the US is projected to process 3.6 million litres of milk a day

Glanbia in talks to create US milk joint venture

Glanbia is in advanced talks with Dairy Farmers of America, Michigan Milk Producers Association and Foremost Farms USA to create a stand-alone joint venture in the US.

Business • 27 Jan 17

Glanbia's group managing director Siobhán Talbot said the outlook for the rest of 2016 is positive

Glanbia on track for earnings growth of 8-10%

Global nutrition group Glanbia has reiterated its full year guidance of 8-10% growth in earnings per share, pushing its shares to close 7.2% higher in Dublin trade.

Business • 02 Nov 16

The IDA is responsible for attracting foreign direct investment to Ireland

€500k extra to be given to IDA to combat Brexit

The Minister for Jobs, Enterprise and Innovation has said an extra €500,000 will be allocated to the IDA this year to deal with the effects of the British decision to leave the European Union.

News • 22 Sep 16

Group Managing Director Siobhán Talbot said the strong growth was driven by its performance nutrition division

Glanbia's H1 pre-tax profit up 11% to €176.5m

Global nutrition group Glanbia has reported earnings before tax and exceptional items of €176.5m for the first half of its financial year to 2 July, an increase of more than 11% on the same period in 2015.

Business • 17 Aug 16

Glanbia's group managing director Siobhán Talbot

Glanbia's quarterly revenues fall by 2.5%

Global nutritionals group Glanbia has said its total group revenue fell by 2.5% for the three months to April 2.

Business • 27 Apr 16

Scheme offers dairy farmers loans of up to €300,000

€100m dairy farmer loan scheme launched

A new €100 million loan scheme for dairy farmers has been launched by Glanbia Co-operative Society.

News • 09 Mar 16

Glanbia's group managing director Siobhán Talbot said today's results demonstrate the company's resilience

Glanbia's full year earnings rise by 10.6%

Food group Glanbia has reported a 10.6% rise in its adjusted earnings per share for 2015 on a constant currency basis.

Business • 24 Feb 16

Glanbia Ingredients Ireland planning to expand Wexford cheese plant in €35m expansion

Glanbia planning €35m expansion to Wexford plant

Food group Glanbia Ingredients Ireland is seeking planning permission for a €35m expansion to its Wexford cheese plant.

Business • 18 Feb 16

Glanbia currently employs almost 6,000 employees

Glanbia to create 50 Irish posts

Glanbia is to create 50 new Irish jobs as part of a recruitment drive that seeks to fill 200 positions across the company's global operations.

News • 27 Dec 15

Glanbia has become increasingly focused on ingredients and nutrition in recent years

Glanbia in $217m deal for US firm Thinkthin

Glanbia has agreed a deal to acquire US company ThinkThin for $217m.

Business • 16 Nov 15

Glanbia's revenue up 9% over the first nine months of the year compared to the same time in 2014

Glanbia's nine month revenues up by 9%

Food company Glanbia is in advanced discussions about a $140m project with its joint venture partner South West Cheese to expand cheese and whey production at its New Mexico plant.

Business • 04 Nov 15

A lot of Glanbia's revenue is generated in the US - particularly in its performance nutrition division

Glanbia's revenue boosted by stronger dollar

Global nutrition and ingredients group Glanbia has reported total group revenue of €1.9 billion for the first half of the year.

Business • 19 Aug 15

Glanbia expects its growth to be weighted to the second half of the year

Glanbia repeats full year earnings guidance

Glanbia has reported a "solid" performance in the first three months of this year and repeated its full year earnings guidance.

Business • 12 May 15

Glanbia said its Nutricima joint venture business no longer fits its strategic priorities

Glanbia sells stake in Nutricima for €29m

Global ingredients and performance nutrition group Glanbia has sold its stake in Nutricima, a joint venture business based in Nigeria.

Business • 01 Apr 15

Glanbia Co-Operative Society said its proposals are aimed at releasing a portion of the value of the society

Glanbia Co-Op Society proposes stock sale

Glanbia's largest shareholder, Glanbia Co-operative Society Limited, has proposed a disposal of a portion of its stake at a Co-op member vote scheduled for the middle of May.

Business • 18 Mar 15

The processing facility is at Belview Port on the Kilkenny-Waterford border

Glanbia opens new €180m dairy facility

Glanbia Ingredients Ireland has officially opened its new state-of-the-art dairy processing facility at Belview port in Co Kilkenny.

News • 05 Mar 15

Glanbia's profits for 2014 increased by 10.8% to €161.2m

Glanbia reports increased 2014 profits, revenues

Global ingredients and dairy firm Glanbia has reported total group revenues for last year of €3.5 billion, a rise of 7.3%.

Business • 25 Feb 15

It will be paid to over 6,000 farmers who are active members of the society

Glanbia members approve €32m payment to farmers

Glanbia Co-operative Society members are meeting in Co Kilkenny to approve the payment of €32m in price supports to dairy and grain farmers.

News • 05 Feb 15

Glanbia is one of more than 300 companies mentioned in the leaked documents

Companies sign secret tax deals with Luxembourg

Food company Glanbia invested more than €1bn in Luxembourg-based subsidiaries that employ no staff and exist simply to reduce its tax bill.

News • 06 Nov 14

Glanbia has said its outlook for the full year is positive

Glanbia upbeat on full year outlook

Glanbia said the company delivered a good performance in the first nine months of the year, driven mainly by its Global Performance Nutrition division.

Business • 29 Oct 14