Brief: Glanbia not seeing weakness from U.S. consumers, tariff hit 'manageable' - CFO

Glanbia

13/08/2025 07:45

Aug 13 (Reuters) - Glanbia PLC GL9.I Chief Financial Officer Mark Garvey, speaking in an interview following the publication of H1 results:

CFO: TARIFF HIT IS 'MANAGEABLE ; NOT SEEING HIT TO U.S. CONSUMER CONFIDENCE IN CATEGORIES WE SELL INTO

CFO: FEELS 'A LOT BETTER' ABOUT BUSINESS THAN THREE MONTHS AGO

CFO: EXPECTS WHEY PRICES CONTINUE TO BE RELATIVELY ELEVATED INTO EARLY NEXT YEAR, SEES COST MODERATING NEXT YEAR

CFO: SEES 15-20% CAPACITY INCREASE IN WHEY PRODUCTION AROUND WORLD BETWEEN THE END OF THIS YEAR AND INTO THE END OF NEXT YEAR

CFO: PROTEIN POWDER BUSINESS DOING 'VERY VERY WELL'; SAYS GOING TO PASS THAT CLUB CHANNEL CHALLENGE THAT WE HAD

CFO: WILL CONTINUE TO HAVE 'BALANCED APPROACH' OF RETURNING CAPITAL TO SHAREHOLDERS AND INVESTING IN CAPEX AND M&A

CFO: SEES 'GOOD PROGRESS' IN EFFORTS TO CUT COSTS AND DRIVE PERFORMANCE

Further company coverage: GL9.I

 (Reporting By Conor Humphries)

 ((conor.humphries@thomsonreuters.com;))