Siobhán Talbot, group managing director, Glanbia, said the continuing margin improvement in the performance nutrition business was down to a two-year restructuring and cost-cutting programme that cost the group over €100 million. Picture: Maura Hickey
Price inflation in the food supply chain is likely to take hold this year, the head of Glanbia has warned. Siobhán Talbot, group managing director of the performance nutrition and food ingredient giant, said her company was facing significant headwinds this year related to cost inflation for key dairy raw materials, which was likely to impact profit margins for 2022.Subscribe from just €1 for the first month!
LorcanAllen Are these headwinds made of methane?