Glanbia : Upbeat on the outlook
>An exceptionally high H1, boosted by the strong performance from GPN and NS in a context of a sharp rebound in sports nutrition - Glanbia has reported a set of exceptionally high results, underpinned by: 1/ the strong performance from GPN (sales +27.8% on an organic basis of which +5.6% price effect) in the US (+23.8%) and abroad (+37.2%) and from its ingredients business (sales +16.7% l-f-l of which +14.9% in volumes), 2/ gains generated by GPN’s transformation pla...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.
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.
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