Glanbia chief warns of ‘headwinds’ in food supply chain | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 71%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Glanbia chief warns of ‘headwinds’ in food supply chain – LorcanAllen writes.

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!

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

LorcanAllen Are these headwinds made of methane?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines