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Glanbia raises FY EPS guidance, volumes up across all units year-to-date

By Reuters News

Nov 4 (Reuters) - Glanbia PLC GL9.I:

  • GLANBIA - GROUP LIKE-FOR-LIKE REVENUE +9.9% FOR NINE MONTHS ENDED OCT 3 WITH VOLUME GROWTH ACROSS ALL THREE SEGMENTS

  • GLANBIA - Q3 OPTIMUM NUTRITION LFL REVENUE GROWTH OF 26.9% (+0.8% VOLUME; +26.1% PRICE)

  • GLANBIA - OPTIMUM NUTRITION REVENUE +25.8% YEAR-TO-DATE DRIVEN BY STRONG CATEGORY GROWTH, MARKET SHARE GAINS, NEW DISTRIBUTION, PRICING ACTIONS

  • GLANBIA - FY PERFORMANCE NUTRITION REVENUE GUIDANCE TO 16% TO 17% (PREVIOUSLY 12% TO 14%);

  • GLANBIA - RAISES FY GUIDANCE TO ADJUSTED EPS GROWTH OF 22% TO 24% CONSTANT CURRENCY (PREVIOUSLY 17% TO 20%).

  • GLANBIA - FY DAIRY NUTRITION EBITDA GUIDANCE TO $175-180 MILLION (PREVIOUSLY $170-180 MILLION); ALL OTHERS UNCHANGED

  • GLANBIA - PERFORMANCE NUTRITION REVENUE +18.0% YEAR-TO-DATE, HEALTH & NUTRITION REVENUE + 9.8%, DAIRY NUTRITION REVENUE +2.1%

  • GLANBIA - WENDY CHANG SMITH APPOINTED CFO DESIGNATE, EFFECTIVE AS CFO AND EXECUTIVE DIRECTOR FROM 31 MARCH 2027

  • GLANBIA - HEALTH & NUTRITION PRICING DECREASE WAS PREDOMINANTLY DRIVEN BY SOME TARIFF REFUNDS AND VOLUME REBATES TO CUSTOMERS

Further company coverage: GL9.I

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