Global nutrition player Glanbia says challenges in its sports nutrition portfolio significantly impacted 2019 profits, but its acquisitions of SlimFast and Watsons helped drive a 16.6% growth in revenues.
Company to sell 60% stake in Dairy Ireland to Irish co-op
Dairy and nutritional ingredients firm Glanbia has confirmed two strategic acquisitions that will enhance its performance nutrition division by bringing a greater focus on plant-based foods and direct-to-consumer sales.
Nutritional food manufacturer Glanbia has recorded double-digit growth for the sixth consecutive year, with earnings before interest, depreciation, tax and amortisation (EBITDA) up 10.5% to €271M (£214M) for the 52 weeks to January 2 2016.
The European Specialist Sports Nutrition Alliance’s (ESSNA) campaign against non-compliance has already seen its membership double and more than 60 cases investigated over the last 18 months, something it hoped would continue as it launched social media...