date:May 11, 2012
The nutritional solutions and cheese groups overall revenue rose 1.9% year-on-year in the first three months to March 31 (2011 full-year turnover:2.734bn) but volumes fell 1.5% as lower volumes in dairy ingredients and the firms agribusiness offset strong growth in Global Nutritionals.
NCB Stockbrokers wrote in a note this morning:Overall, an encouraging Q1 statement from Glanbia, particularly the Global Nutritionals performance. Five to seven percent adjusted earnings per share (EPS) growth f