Irish-headquartered global food group, Glanbia increased revenues markedly in the first six months of the year, driven largely by strong growth in its global performance nutrition division which saw revenues increase by almost 22%.

Global food and nutrition giant, Glanbia, has beaten expectations and reported full-year revenues for 2013 of €3.3bn driven by strong sales from the company’s nutrition division.

The makers of the Cuisine de France brand of breads and cakes, Aryzta, saw its shares surge yesterday after the company out-performed analysts’ expectations.

Fruit distribution giant Fyffes has upped its full-year earnings outlook on the back of a strong first-half showing and continued growth into the latter half of 2013.

Financial analysts have responded favourably to Glanbia’s half-year results, which saw its revenue for the first half of the year rise by 13% to almost €1.68bn.

Aryzta has said that it expects its underlying earnings per share to show a return to double-digit percentage growth next year.

The former state telecoms firm, Eircom, saw its second-quarter earnings fall 6% to €361m for the three months to the end of December, compared with the same period in 2011.

Fruit importer Fyffes is on track for a bumper year after recording a 30% increase in profits for the first half of the year.

NCB Stockbrokers have increased their share price target for Kerry Group to €43 following a note to clients headed “Kerry surprises again”.

Drinks group Britvic today announced group revenue of £641.1m (€797.9m) for the first half of the financial year, a rise of 1.7% on the previous year, saying it was on track to deliver full-year performance in line with expectations.

TOTAL Produce has said it will continue to hunt out investment opportunities, even after an underwhelming performance in the first half of the year.

SHARP increases in grain prices in the second half of the year boosted earnings per share by 3% to 37.26 cent at Origin Enterprises as demand for inputs from farmers rose. Group turnover fell 11.3% from €1.5bn to €1.3bn.

FYFFES has maintained its full-year earnings guidance of between €14 million and €18m, despite tough trading conditions knocking nearly €5m off its first-half profits.

FRUIT importers and distributors Fyffes boosted the pay of chairman David McCann in 2009 to €1.3 million from €1.1m.

FYFFES has reported its strongest profit for four years, but has also lowered its earnings guidance for 2010 due to the impact of the harsh weather in Europe since the turn of the year.

CRH, the Irish stockmarket’s largest company, warned yesterday it could not say when world construction would return to solid growth.

FALLING demand in Ireland and Britain reduced sales at Aryzta by 8.4%, worse than analyst expectations.

BRITISH bookmaker William Hill has not ruled out closures of more of its outlets in Ireland, and won’t expand any further here until learning more about how the Government might update the national Betting Act over the coming months.

SOFT drinks producer, Britvic — which owns Irish brands Ballygowan, Club, Cidona and Mi-Wadi — has successfully re-financed its bank debt facility, effectively giving the company access to increased funds of £333 million (€373.7m).

IRISH fruit and veg distributor Total Produce has said it is on course to reach its target of doubling its turnover over the next five years, adding that much of its growth will come via large-scale acquisitions.

THE merger of IAWS and Hiestand of Switzerland to form Aryzta, based in Switzerland, marks a significant step forward in the evolution of IAWS, which will trade for the last time today on the Irish Stock Exchange.

Horizon Technology Group, a leading system integrator and distributor of information technology products in the UK and Ireland, announces its interim results for the six months to June 30 2007.

Building materials group Kingspan Group has said their performance for the first half of this year is well ahead of the same time last year in a trading statement this morning.

NTR is expected to report post-tax profits up 13.4% to €15.5m for 2004 in the coming weeks as the shares fall back from their record high of €27 to €23.50.

Construction products company Kingspan achieved 15.5% sales growth in the first half of 2004, according to a trading statement from the company today.

GALEN HOLDINGS plans to complete its metamorphosis from an Irish pharmaceuticals group into a company focused on the US by changing its name to Warner Chilcott.

Upmarket retailer Burberry has reported first-half turnover is up 13% and ahead of expectations, as womenswear in particular showed strong sales.

REVENUES at pharmaceutical company Galen are expected to have doubled in the company’s first quarter — generating cash for further takeovers in 2004, Davy Stockbrokers believe.

CRH is to buy Dutch distribution firm Cementbouw for €646m, its largest acquisition to date.

STOCKBROKERS expect Galen Holdings to deliver strong results tomorrow with Davy’s anticipating an 18% increase in product revenue growth.

Acotel Group, the parent company to Irish mobile applications provider Jinny Software, has released strong year end financial results for 2001.