Business News

Shares in Kilkenny food giant soar after positive trading report

By Kilkenny Now 6th May 2021 0

Shares in Kilkenny Multinational agrifood giant Glanbia rose significantly this morning on the back of a strong trading performance so far this year. Glanbia’s revenues were up 10.5% in the first quarter of 2021 when compared to the same period in 2020, according to Glanbia’s Interim Management Statement for the first quarter for this year. […]

Business Food & Drink News

‘Covid hit us like a curve ball’ – gym closures dent Kilkenny nutrition giant’s profits

By Kilkenny Now 25th February 2021 Post a comment

The closure of gyms and restrictions on sports worldwide as a result of the pandemic significantly dented Glanbia’s profits. The company’s annual report confirmed profits at the locally based food and nutrition giant dropped by just over 20% last year. Glanbia’s performance nutrition sector, which produces protein powders to gym-goers and sports people, felt

Business News

Kilkenny food giant Glanbia reports rise in revenues despite pandemic

By Kilkenny Now 29th October 2020 0

Glanbia has reported an increase in overall revenue for the third quarter of this year – despite the challenges posed by the pandemic. In an interim statement for the nine months ending October 3, the Kilkenny-based group this morning said it was witnessing “improving trends”. Glnabia said revenues for the period had risen by 3.1%. […]

Business News

The big cheese! Check out Kilkenny food giant’s amazing new $470m plant in US

By Kilkenny Now 21st October 2020 0

Operations got underway today at Kilkenny-based Glanbia’s new state-of-the-art cheese and whey plant in the US. The local food giant released these pictures (above and below) of the US€470 million facility in St Johns, Michigan, this morning to mark the occasion. Commissioning operations at MWC will take place over the next eight months. When fully […]