Berenberg lifts targets for Glanbia on margin growth
21st Aug 2023 09:57
(Sharecast News) - Berenberg has raised its target price for Glanbia after the Irish performance nutrition and food manufacturer's forecast-beating interim results last week, as strong margins make up for declining volumes.
Read moreGlanbia launches share buyback
29th Oct 2020 12:16
(Sharecast News) - Nutrition group Glanbia said on Thursday that year-to-date wholly-owned revenues and cash flows had improved despite the Covid-19 pandemic, leading it to launch a share buyback.
Read moreMorgan Stanley sees challenging 2019 for Glanbia
15th Jan 2019 14:42
(Sharecast News) - Glanbia offers investors access to the US cheese and fitness nutrition markets, but Morgan Stanley sees the 2019 outlook as "challenging" and has initiated coverage with an 'underweight' rating.
Read moreGlanbia to buy SlimFast for $350m
11th Oct 2018 12:52
(Sharecast News) - Global nutrition company Glanbia has agreed to buy weight management and health and wellness brand SlimFast from owners KSF Holdings and HNS Intermediate Corporation for $350m.
Read moreGlanbia gobbles up protein bar maker thinkThin
16th Nov 2015 14:41
(ShareCast News) - Irish food group Glanbia has agreed to acquire thinkThin, a Los Angeles-based maker of protein bars, for $217m cash. Glanbia said the addition of thinkThin, which in the year to September made $84m of net sales from distributing its products in food, natural and mass retail channe
Read moreGlanbia buys US sports nutrition group Isopure for $153m
12th Sep 2014 08:11
Dairy product and performance nutrition group Glanbia is buying US sports nutrition provider Isopure for $153m. Glanbia, which supplies sports nutrition, cheese, speciality dairy and other ingredients and micronutrient premixes, said it expected to complete the deal for Isopure in the fourth quar
Read moreGlanbia reports improved 2013 results
12th Mar 2014 08:35
- Lifts annual profit, strong international nutrition performance - Expects improvement in Dairy Ireland - Predicts earnings growth of 8-10 per cent up to 2018 Nutrition and ingredients company Glanbia posted a healthy increase in annual pre-tax profit underpinned by strong demand at its Global Per
Read moreGlanbia upbeat despite woes at consumer products unit
29th Oct 2013 09:41
Food group Glanbia said it was positive about its full year outlook after a good performance in the first nine months of the year from its two core global businesses offset a challenging time for its Irish consumer products business. The Ireland-based company said it expected to deliver 2013 underl
Read moreDairy Crest Financial Director reduces stake by 3,000
27th Aug 2013 15:37
Tom Atherton, the Financial Director of Dairy Crest Group, has sold 2,944 shares, reducing his stake in the company to 3,347. The shares were sold at the average price of 510p over a period of three days. The dairy foods company last month said overall trading in the first quarter was in line wi
Read moreWood Group Chairman sells 250,000 shares
23rd May 2013 16:24
The Chairman of Wood Group has traded in 2.1m pounds-worth of shares in the group. Allister Langlands sold, on behalf of his wife, 250,000 shares 846p each. The deal was announced on the same day the FTSE 100 energy services giant announced its PSN business has scored a contract to deliver oper
Read moreSmall cap round-up: Angel Biotechnology, Glanbia, MBL Group
29th Aug 2012 11:16
Angel Biotechnology has signed an agreement with arGentis Pharmaceuticals that could see it manufacture the firm's ARG201 drug, a treatment for the life-threatening autoimmune disease, systemic sclerosis. Angel's stock rose 6.6% in morning trading. Glanbia, a nutritional solutions and cheese maker,
Read moreBoss' s wife splashes out on Standard Life shares
11th Mar 2011 17:18
The wife of Standard Life's chief executive has spent nearly £300,000 on a stake in the insurer, the day after the company announced it had a "good" 2010. Caroline Nish, wife of David, bought 125,000 shares at 2,24p a time, taking the couple's stake to about 550,000 shares. The UK's fourth-largest
Read moreGlanbia reiterates earnings guidance
19th Jan 2011 16:13
Nutritional ingredients and cheese group Glanbia said the group has performed broadly in line with expectations since its interim management statement in November, and reiterated its expectation of an increase of around 20% in adjusted earnings for 2010. Dairy Ireland performed well in the second h
Read moreSmall caps round-up: Glanbia, LXB Retail, MDM...
14th Jul 2010 10:32
Irish ingredients and cheese group Glanbia said it is on track for a very strong performance relative to last year in the first half of 2010. The Irish dairy ingredients business has returned to profitability but the Irish consumer products division has had a tough first half. On the US cheese and
Read moreNarrow defeat for Glanbia buy out plan
10th May 2010 17:56
Glanbia Co-operative Society has failed to secure the required majority of 75% needed to progress the acquisition of the group's Irish Dairy and Agri Businesses. The proposal has been rejected by a narrow margin with 73% of members voting in favour of the deal. John Moloney, Group Managing Directo
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