Glanbia shares slide 7.5% on outlook

Glanbia shares slid 7.5%, stripping around €300m from its market value, as investors showed disappointment at the company’s 2018 earnings outlook, despite it unveiling 2017 figures which showed an eighth successive year of strong growth.

Glanbia shares slide 7.5% on outlook
Thu, 22 Feb, 2018 - 06:00

By Joe Dermody

Glanbia shares slid 7.5%, stripping around €300m from its market value, as investors showed disappointment at the company’s 2018 earnings outlook, despite it unveiling 2017 figures which showed an eighth successive year of strong growth.

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CourtsHeathrowPlace: USPlace: NetherlandsPlace: IndiaPlace: ChinaPlace: BrazilPlace: UKPerson: Joe DermodyPerson: Ian HunterPerson: HunterPerson: DavyPerson: Siobhan TalbotPerson: TalbotOrganisation: GlanbiaOrganisation: Kerry GroupOrganisation: IseqOrganisation: Investec IrelandOrganisation: InvestecOrganisation: Glanbia Performance NutritionOrganisation: Glanbia NutritionalsOrganisation: Nutritional SolutionsOrganisation: Dairy IrelandOrganisation: Amazing GrassOrganisation: Body and Fit
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