Glanbia issues Q1 results
Glanbia issues Q1 results Glanbia plc has published its interim management statement for the three-month period ending April 3, 2021, which shows wholly-owned revenues up 10.5% on a constant currency basis (up 2.0% reported) compared to the previous year due to good demand across both Glanbia Performance Nutrition (GPN) and Glanbia Nutritionals (GN). The drivers of the revenue increase, on a constant currency basis was volume growth of 11.5% offset by a price decline of 1.8% and the Foodarom acquisition representing 0.8%. Volume growth was broad based and reflected...