Brief: Glanbia CFO: mitigating tariffs via pricing, selling to alternative markets

Glanbia

30/04/2025 08:40

April 30 (Reuters) - Glanbia PLC GL9.I Q1 analyst call:

GLANBIA CEO: MAKING GOOD PROGRESS ON PRODUCT REFORMULATION TO REDUCE DEPENDENCY ON WHEY PROTEIN ISOLATION

GLANBIA CEO: SALES OF SLIMFAST AND BODY & FIT BUSINESSES IN EARLY STAGES

GLANBIA CEO:  WHEY PROTEIN ISOLATE PROCUREMENT HAS NOW BEEN COMPLETED INTO EARLY Q4, PROCURED IN LINE WITH OUR FORECASTS

GLANBIA CFO: HAS SOME EXPOSURE TO TARIFFS ACROSS OUR THREE BUSINESSES,  EXPECT IMPACTS WILL BE LARGELY MITIGATED THROUGH PRICING PASS THROUGH ARRANGEMENTS IN H&N

GLANBIA CFO: IN DAIRY NUTRITION WHERE WE HAVE SOME US PRODUCT EARMARKED FOR CHINA, WE ARE WORKING TO SELL THAT PRODUCT INTO ALTERNATIVE MARKETS

GLANBIA CEO: OVERALL PROTEIN PRODUCT DEMAND REMAINS STRONG IN U.S, WE'RE IN A RESILIENT CATEGORY BUT VERY AWARE BROADER CONSUMER CONFIDENCE DECLINING

GLANBIA CEO:  AWARE OF CLEARWAY CAPITAL CALL FOR BREAK UP, WILL LISTEN TO ALL PROPOSALS AND ARE CONTINUOUSLY LOOKING FOR OPPORTUNITIES TO CREATE VALUE

Further company coverage: GL9.I

 (Reporting By Padraic Halpin)

 ((Padraic.Halpin@thomsonreuters.com;))