Glanbia expecting strong H1 performance

Nutritional and cheese group Glanbia in a trading statement issued today for the half year ended July 3 said it was on track for a "very strong" first half performance relative to 2009.

The group said a "marked improvement" in its half-yearly performance is largely underpinned by a return to profitability of Irish Dairy Ingredients, which was loss making in the first half of 2009.