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Glanbia reports solid performance in the first four months of 2013
date:May 20, 2013
year grew almost 5% reflecting higher global dairy market pricing combined with stable volumes. Performance for the period was slightly ahead with positive performance in Southwest Cheese partially offset by Glanbia Ingredients Ireland Limited (GIIL) and Glanbia Cheese. We expect the overall 2013 performance for Joint Ventures Associates to be broadly similar to the outcome in 2012.

Glanbia's net debt as at 27 April 2013 was 459 million. Net debt to 12 month rolling adjusted EBITDA at the same

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