Report
Fatma Agnès Hamdani

Glanbia : Un S1 attendu sans surprises, marqué par le retrait des volumes et le redressement de la rentabilité de GPN

>GPN : SlimFast continue de peser sur les volumes au T2 mais moins qu’au T1 - Glanbia publiera ses résultats S1 le 16 août. Nous tablons sur une croissance organique de 3.5% pour GPN. Les volumes devraient baisser de 7%e avec un T2 en amélioration par rapport au T1 (-9.5%). Les volumes restent surtout pénalisés par la poursuite de la chute des ventes de Slimfast (déréférencements) dans un contexte de marché de l’amincissement toujours morose aux USA. Le groupe s’atte...
Underlying
Glanbia Plc

Glanbia is a performance nutrition and ingredients group, engaged in providing performance nutrition, cheese, dairy ingredients, specialty non-dairy ingredients and vitamin and mineral premixes. Co. segments include: Global Performance Nutrition, which is involved in the branded performance nutrition business; Global Ingredients, which manufactures cheddar cheese, provides dairy and non-dairy nutritional ingredients and micro-nutrient premixes; Dairy Ireland, which is engaged in the manufacture and sale of a range of consumer products and farm inputs; and Joint Ventures & Associates, which is engaged in the manufacture and sale of cheese, dairy ingredients and dairy consumer products.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Fatma Agnès Hamdani

ResearchPool Subscriptions

Get the most out of your insights

Get in touch