Glanbia shares up 20% in the year as it shifts focus from dairy

Nutrition giant forecasted growth between 5% and 8% for this financial year despite posting a 5.5% fall in group revenue driven by dairy market pricing

Glanbia previously moved away from its dairy business after it sold its Glanbia Cheese joint ventures at the end of April 2022. 

Nutrition giant Glanbia shares have jumped 20% in the year-to-date as the firm shifts focus away from the volatile dairy industry.

Glanbia forecasted growth between 5% and 8% for this financial year despite posting a 5.5% fall in group revenue driven by dairy market pricing.