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Dairy Firm Glanbia Posts 30% EBITA Decline In Performance Nutrition Arm

Published on Jul 31 2019 8:59 AM in A-Brands tagged: Featured Post / Dairy / Glanbia / Performance Nutrition / Half-Year Results / Paywall

Dairy Firm Glanbia Posts 30% EBITA Decline In Performance Nutrition Arm

Dairy giant Glanbia has posted a 30.2% decline in EBITA in its Performance Nutrition arm, at constant currency levels, in the first half of its financial year.

The performance of the division was due to a number of factors, including "business seasonality, consumer channel shift in Europe and difficult global trade dynamics in key international markets", said Glanbia group managing director Siobhán Talbot.

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