Glanbia reiterates its full year earnings guidance

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 22 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 61%

News Nyheter

Global nutrition group Glanbia has reiterated its guidance for growth in earnings per share of 5-8% for 2024.

In an interim management trading statement ahead of its AGM in Kilkenny today, Glanbia said its first quarter performance had been in line with expectations.

Revenue declined by 8.8% in the Glanbia Nutritionals division, which was driven by a 1.7% increase in volume, a 10.2% decrease in price, and a decrease of 0.3% driven by the net impact of acquisitions and disposals. Glanbia completed its acquisition of US firm Flavor Producers for an initial consideration of $300m, with an additional potential deferred payment of up to $55m conditional on performance, in April.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 16. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Global IPO Market Shows Mixed Results in Q1 2024The global IPO market began the year with a decline in volume but an increase in value in the first quarter of 2024. Despite a 7% reduction in volume, the proceeds rose by 7% compared to the previous year. The Americas and EMEIA IPO markets performed well, while the Asia-Pacific region had a weaker start.
Källa: RTEbusiness - 🏆 16. / 61 Läs mer »