Glanbia is still dealing with the rippled effects of a few key acquisitions in the last year and a half. It brought in €3.875bn ($4.24bn) in 2019, and is banking on its performance nutrition segment to grow in 2020.
In Glanbia’s third quarter results, the global nutrition group announced total revenues were up 16.9% with strong numbers from its Nutritional Solutions (NS) division. But Performance Nutrition (GPN) struggled despite key acquisitions.
Nutritional food manufacturer Glanbia has recorded double-digit growth for the sixth consecutive year, with earnings before interest, depreciation, tax and amortisation (EBITDA) up 10.5% to €271M (£214M) for the 52 weeks to January 2 2016.
The European Specialist Sports Nutrition Alliance’s (ESSNA) campaign against non-compliance has already seen its membership double and more than 60 cases investigated over the last 18 months, something it hoped would continue as it launched social media...