Global factors push Glanbia sales upwards

Global factors are expected to push food company Glanbia’s sales even higher in the second part of the year.

Glanbia CEO John Moloney said that the outlook for the group had improved and the group said it was now expecting growth of between 8% and 10%.

“The overall outlook for the group for the remainder of the year is positive and we are upgrading our guidance for 2012 to 8% to 10% growth in adjusted earnings per share on a constant currency basis,” he said