Pre-tax profits fall 19% after ‘challenging year’

INTERNATIONAL food group Glanbia has reported a fall in pre-tax profits of 19% to €97.4 million from €120.3m.

Pre-tax profits fall 19% after ‘challenging year’
Thu, 11 Mar, 2010 - 00:00
Brian O'Mahony

Covering the year 2009, yesterday’s figures show total sales fell by 18% from €2.2 billion to €1.83bn.

The figures reflect a challenging environment in the international dairy markets, the group said.

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