Glanbia shares fall 6% despite profit goal

Shares in Glanbia tumbled by 6% even as the international food firm reiterated it is on track to hit its growth target this year.

In an interim management statement, Glanbia group managing director Siobhán Talbot said major divisions Glanbia Nutritionals and Glanbia Performance Nutrition had performed well in the first three months of the year, helped by acquisitions.