Future looks brighter for restructured Glanbia

IT HAS taken Glanbia a number of years to redefine itself as a group focused mainly on the dairy sector, involving a range of consumer foods including pig meat, dairy products and food ingredients with an ever increasing emphasis on nutritionals.

Glanbia has operations in Ireland and the US, and international joint ventures in Britain, the US and Nigeria. It includes three operating divisions of agribusiness, consumer foods and food ingredients, which includes the evolving nutritionals business.

Recent first-half results showing unchanged revenues in the first half of 2006 of €922 million and a dip of 5% in operating profits tell their own story.