Glanbia in line for strong earnings

KILKENNY-headquartered Glanbia, the operator of one of the largest dairy processing plants in the world in New Mexico, will deliver strong double-digit earnings growth in 2007.

Earnings per share (EPS) rose 20% in its first six months of trading after a flat first half in 2006.

However, its overseas joint ventures could detract somewhat from the full year’s outturn, the group warned.