Brief: Glanbia raises FY EPS guidance, names new chairman

Glanbia

13/08/2025 07:00

Aug 13 (Reuters) - Glanbia PLC GL9.I:

ANNOUNCES THAT PAUL DUFFY WILL BE APPOINTED COMPANY CHAIR ON 1 JANUARY 2026

SEES FY GROUP ADJUSTED EPS IN THE RANGE OF $1.30 TO $1.33 (PREVIOUSLY $1.24 TO $1.30 )

SEES FY PERFORMANCE NUTRITION LIKE-FOR-LIKE REVENUE GROWTH (EXCLUDING SLIMFAST AND BODY & FIT) OF 2 TO 3% (PREVIOUSLY IN LINE WITH 2024)

SEES FY HEALTH & NUTRITION EBITDA MARGIN IN THE RANGE OF 18-19% (PREVIOUSLY 17-18%).

REPORTS H1 MOMENTUM WITH VOLUME GROWTH ACROSS HEALTH & NUTRITION AND DAIRY NUTRITION AND SEQUENTIAL IMPROVEMENT IN PERFORMANCE NUTRITION

H1 ADJUSTED EPS 63.03 $CENT (HY 2024: 68.20 $CENT), A DECLINE OF 7.5% (DOWN 7.6% REPORTED);

AGREEMENT REACHED FOR THE ACQUISITION OF SWEETMIX, A BRAZIL-BASED NUTRITIONAL PREMIX AND INGREDIENTS SOLUTIONS BUSINESS WITHIN THE H&N DIVISION;

GOOD PROGRESS ON TRANSFORMATION PROGRAMME, TARGETING ANNUAL SAVINGS OF AT LEAST $50M PER ANNUM BY 2027

AGREEMENT REACHED FOR THE SALE OF BODY & FIT, THE BENELUX DIRECT-TO-CONSUMER E-COMMERCE BUSINESS

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