Glanbia faces new year with cautious optimism at signs of market recovery

GLANBIA has told its suppliers it is facing 2010 with cautious optimism, stemming from signs of market recovery.

Group chairman Liam Herlihy said in a Christmas message to Glanbia suppliers that the past year had been very difficult.

He said the impact of low milk and grain prices had been very severe for both farm families and the food group.