Ireland's Glanbia half-year revenue rises 7%; lifts outlook

Glanbia

06/08/2026 07:17

Overview
Ireland nutrition solutions provider's half year revenue grew 7% yr/yr, adjusted EPS up 30%
Company upgraded FY26 adjusted EPS growth outlook to 17%-20%
Company completed €100 mln share buyback and increased interim dividend by 10%

Outlook
Glanbia raises FY26 adjusted EPS growth outlook to 17%-20% from upper end of 7%-11%
Company lifts FY26 PN LFL revenue growth forecast to 12%-14%, H&N to 8%-10%
Glanbia expects FY26 DN EBITDA of $170 mln-$180 mln, up from $160 mln-$170 mln

Result Drivers
CATEGORY AND MARKET DEMAND - Co said accelerating category growth and robust end-use market demand drove volume and revenue growth across all segments
OPTIMUM NUTRITION GROWTH - Double-digit volume growth in Optimum Nutrition brand driven by category strength, increased distribution and ongoing innovation
PROTEIN SOLUTIONS DEMAND - Dairy Nutrition segment benefitted from sustained consumer demand for protein solutions and favorable trends in high-protein categories

Company press release: ID:nRSF4853Pa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
$2.08 bln
 
H1 Adjusted EPS
 
$0.81
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy"
Wall Street's median 12-month price target for Glanbia PLC is €23.30, about 3.7% above its August 5 closing price of €22.46
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)