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Glanbia ups full year earnings guidance, names new chair

Shares in nutrition supplement maker Glanbia jumped over 14% in Dublin today after it increased its full-year earnings outlook and said it was overcoming challenges that pushed its shares to a two-year low in February.

Business • 13 Aug

Glanbia shares jump after 'better than feared' Q1

Shares in nutrition supplement maker Glanbia jumped over 12% today after analysts pointed to a "better than feared" first quarter performance that allowed the Irish group to maintain its full year earnings guidance.

Business • 30 Apr

Glanbia bought SlimFast for $350m in 2018, but sales of its products have dropped since 2022

Glanbia to sell SlimFast as part of cost-cutting drive

Shares in global nutrition group Glanbia sank by over 20% today after it warned that it expects earnings to fall by up to 11% this year, hit by a longer than expected rise in the cost of whey, a key raw material.

Business • 26 Feb

Glanbia said its nine month group performance was in line with expectations as group revenue rose by 6%

Glanbia set to restructure nutritionals business

Global nutrition group Glanbia has today reiterated its full year earnings per share guidance and announced plans to restructure its nutritionals business.

Business • 06 Nov 24

Glanbia reiterates its full year earnings guidance

Global nutrition group Glanbia has reiterated its guidance for growth in earnings per share of 5-8% for 2024.

Business • 01 May 24

Glanbia's 2023 after tax profits up 20%, revenues dip

Global nutrition group Glanbia has reported an 8.7% decline in group revenue to $5.425 billion for the 2023 financial year, down from $5.943 billion in 2022.

Business • 28 Feb 24

Glanbia - Glanbia's incoming CEO Hugh McGuire and outgoing managing director Siobhán Talbot

Talbot to retire as Glanbia boss, McGuire named new CEO

Nutrition group Glanbia said today that Hugh McGuire will become its new chief executive officer, replacing Siobhán Talbot who will step down at the end of the year after 10 years in charge.

Business • 16 Aug 23

Hugh McGuire