Glanbia launches €50m share buyback programme amidst 'improving trends' in Q3

A price increase of 4.8%, offset by a volume decline of 1.7% drove revenues 

Siobhán Talbot, Group Managing Director Glanbia, said the third quarter saw trends in Glanbia Performance Nutrition improve “significantly." Picture Dylan Vaughan.

Irish nutrition group Glanbia has reported its wholly-owned revenues rose by 1% for the nine month period ending October 3, when compared to the same period last year.

When excluding the impact of an extra financial week in 2019 and the impact of foreign exchange, "like-for-like" wholly owned revenues were up 3.1%.