Healthcare Press

Glanbia raises full-year guidance despite a drop in half-year profits

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 71%

Health Health Headlines News

Health Health Latest News,Health Health Headlines

Glanbia plc, the performance nutrition and ingredients company, has raised its full-year earnings guidance despite recording a drop in profits for the first half of this year.

The Kilkenny-headquartered company said inflationary costs had reduced profits and profit margins for

the first six months of 2022 but said it expected to deliver higher growth in the back end of the year.

 

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

Health Health Latest News, Health Health Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Glanbia reports higher revenues, raises outlookGlobal nutrition group Glanbia has reported higher revenue for the six-month period to the end of July, and has raised its guidance for growth in the full year.
Source: RTEbusiness - 🏆 16. / 61 Read more »