Glanbia reports strong growth across key segments

Nutrition firm raises earnings forecast

Glanbia produces protein products through its Optimum Nutrition brand.

Food nutrition firm Glanbia has raised its earnings forecast on strong demand for its ingredients and brands.

In an interim statement this morning on first-quarter results, the company reported strong continued revenue momentum and said its full-year adjusted earnings per share (EPS) are expected at the upper end of the guidance range.

Revenue grew by more than 7% with strong volume growth across all three key segments.

Its Performance Nutrition segment saw revenue growth of 11.5% with Glanbia's key Optimum Nutrition brands seeing like-for-like revenue growth of 18.8%.

Glanbia CEO Hugh McGuire

The Health & Nutrition segment grew 11.6% while its Dairy division increased revenues by 2%.

We continue to see strong demand for our brands and ingredients and remain focused on executing on our medium-term strategy, notwithstanding the current geopolitical uncertainty," CEO Hugh McGuire, Chief Executive Officer, said.

"As a result of the Group’s performance in Q1, we now expect adjusted EPS growth in FY 2026 to be at the upper end of the medium-term guidance range of 7% to 11% constant currency," he said.