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. […]
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
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%. […]