Glanbia - food industry company news 
US: Glanbia to invest US$15m in new cheese HQ
23 January 2012
Glanbia Foods is set to spend up to US$15m to build a corporate headquarters and innovation center in Twin Falls, Idaho.
IRELAND: Glanbia tight-lipped on new site
6 December 2011
Ireland-based dairy and nutrition group Glanbia has neither confirmed or denied a newspaper report that is building a EUR50m (US$66.7m) manufacturing plant.
IRELAND: Glanbia hints at better earnings outlook
16 November 2011
Ireland-based dairy and nutrition group Glanbia today (16 November) indicated that its annual profits would be higher than previously forecast.
Editor's choice: the highlights on just-food this week
26 August 2011
Yet more signs of how challenging trading conditions are emerged this week, with UK retailer The Co-operative Group's gloomy prognosis over the country's retail sector and Heinz, which has enjoyed recent growth in the UK, admitting the environment was tough in the US and, notably in Australia. Elsewhere, we took a look at the impact of inflation in China, the prospects for Glanbia and started our monthly column from SymphonyIRI.
In the spotlight: Nutrition key to Glanbia's long-term health
26 August 2011
Glanbia, the Irish dairy and nutrition group, this week reported a jump in first-half profits and, notably, upped its forecast for annual earnings after growth across the business. However, questions remain over its domestic dairy operations and, in the longer term, the prospects for its nutrition business look stronger. Dean Best reports.
Quote, unquote: just-food's week in words
26 August 2011
There was perhaps only one candidate for quote of the week after the chief executive of UK retailer The Co-operative Group said conditions in the UK were the worst he had seen in his career.
IRELAND: Glanbia ups FY profit forecast after "excellent" H1
24 August 2011
Glanbia, the Ireland-based dairy and sports nutrition group, has lifted its forecast for annual earnings after a jump in first-half profits.
US/ASIA: Dairy ingredients firm Leprino opens site in Singapore
11 August 2011
US-based dairy ingredients firm Leprino Foods has opened a site in Singapore as it looks to serve customers in Asia-Pacific.
IRELAND: Glanbia boasts "strong" first-half
30 June 2011
Irish cheese maker Glanbia has said that it achieved a "strong" first half of 2011, underpinned by positive global dairy markets and higher volumes.
IRELAND: Glanbia announces board changes
26 May 2011
Irish cheese maker Glanbia today (26 May) appointed Henry Corbally as vice chairman, succeeding Victor Quinlan who has retired as vice chairman and director of the company.
IRELAND: Glanbia forecasts "strong" H1 result
11 May 2011
Irish food group Glanbia today (11 May) predicted a "strong" result for the first half of 2011 with growth from its US cheese unit, its Irish dairy arm and its nutritionals division.
IRELAND: Glanbia 2010 profits down on exceptionals
2 March 2011
Irish cheese maker Glanbia recorded a decrease in net profit during 2010 after a 2009 revision to its pension plans fell out of earnings this year.
Quote, unquote: just-food's week in words
21 January 2011
Wal-Mart, as it often does, this week shook up the US grocery sector with its plans to make a swathe of its private-label products healthier. Elsewhere, speculation of changes within the food-ingredients space continued with Cargill named as a potential bidder for Tate & Lyle. And, a year since Kraft Foods succeeded in getting Cadbury's board to back its plans to buy the UK confectioner, the US group faced rumours that management at Green & Black's wanted to buy the organic chocolate business.
Editor's choice: the highlights on just-food this week
21 January 2011
Wal-Mart's healthy-eating drive grabbed the headlines this week and prompted speculation about what impact its plans could have on rival retailers and suppliers. M&A speculation swirled around Cargill and Tate & Lyle, as well as Green & Black's, the organic chocolate business once owned by Cadbury but now owned by Kraft Foods. Elsewhere, Glanbia did seal one deal, buying US sports-nutrition business BSN.
IRELAND/US: Glanbia buys US nutrition business BSN
19 January 2011
Irish cheese maker Glanbia has added to its burgeoning nutrition business with the acquisition of US performance nutrition firm Bio-Engineered Supplements and Nutrition.
IRELAND: Glanbia sticks by forecast of FY earnings jump
19 January 2011
Irish dairy and sports nutrition group Glanbia today (19 January) reiterated its belief that the company's annual earnings will jump by around 20%.
IRELAND: Kerry sells Limerick milk unit to Glanbia
17 January 2011
Irish food giant Kerry Group has signed a contract to sell its Limerick-based liquid milk operations to local peer Glanbia.
IRELAND: Glanbia "in talks to buy Kerry's Dawn"
17 December 2010
Irish food group Glanbia is reportedly in talks to acquire the Limerick-based Dawn liquid milk business from Kerry Group.
IRELAND: Glanbia confidence boosts shares
12 November 2010
Shares in Irish food group Glanbia rose this morning (12 November) after the company reaffirmed its target for a 20% increase in annual earnings.
IRELAND: Glanbia confident of full-year earnings
25 August 2010
Irish food group Glanbia said today (25 August) that it is confident of achieving strong revenue and profit growth for the full-year.
IRELAND: Glanbia on track for “strong” H1
14 July 2010
Irish food group Glanbia said it is on track for a very strong first-half performance relative to 2009.
IRELAND: Glanbia names vice-chairman
29 June 2010
Irish food group Glanbia has announced changes to its board of directors, including the appointment of a new vice chairman.
IRELAND: Danone wins trademark appeal
20 May 2010
French dairy giant Danone has successfully overturned a 2007 court ruling in Ireland revoking its Essensis yoghurt trademark.
UPDATE: IRELAND: Farmers reject Glanbia sale plan
11 May 2010
Irish food group Glanbia’s plan to sell its Irish dairy business to Glanbia Co-operative Society failed yesterday with co-op shareholders narrowly voting down the proposal.
IRELAND: Glanbia ups guidance on improved trading
11 May 2010
Irish food group Glanbia has upped its full-year earnings guidance as a result of improved trading and cost reductions.
Quote, unquote: just-food's week in words
23 April 2010
Tuesday (20 April) saw a bullish Tesco and Associated British Foods present its latest numbers to the market, although elsewhere, Supervalu Inc's financial results were less robust. Meanwhile, Nestle admitted to challenges in Russia, and just-food heard about the promise of Africa for investors. Here is a selection of who said what about the top stories in the food sector this week.
UPDATE: IRELAND: Glanbia disposal will "speed expansion" – CEO
20 April 2010
Irish food group Glanbia claimed this afternoon (20 April) that the “transformational” disposal of its Irish dairy ingredients, consumer products and agribusiness units will speed the implementation of its strategy, strengthen its balance sheet and create a more focused business.
IRELAND: Glanbia sells dairy unit to co-operative
20 April 2010
Irish food group Glanbia is to sell its Irish dairy ingredients, consumer products and agribusiness units to Glanbia Co-operative Society, its 54.6% shareholder, for EUR343m (US$463.4m).
Top stories on just-food this week
12 March 2010
The future of Glanbia, with its interest in consumer dairy products, dairy ingredients and sports nutrition, grabbed your interest this week as the Irish food group revealed it was in talks to offload parts of the business. Unilever and Nestle were the subject of M&A rumours as reports in Belgium linked to the two food giants to the country's biggest ice-cream maker. Nestle, meanwhile, launched its nutrition brand Jenny Craig in France as, on this side of the channel, the UK's Food Standards Agency put forward plans for a new to label the nutrition content of food.
Quote, unquote: just-food's week in words
12 March 2010
Morrisons and Waitrose this week displayed a bullish confidence as the UK retailers - operating at different ends of the market - both reported bumper annual profits. Elsewhere in the UK, the country's Food Standards Agency backed plans for hybrid nutrition labels - and was prompty slammed by consumer advocates. Meanwhile, the Chinese government unveiled its latest bid to improve food safety in China in the wake of fresh contamination scandals. Here is a flavour of who said what this week.
Related research
Glanbia plc - SWOT Analysis
Datamonitor's Glanbia plc - SWOT Analysis company profile is the essential source for top-level company data and information. Glanbia plc - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Glanbia plc (Glanbia or “the company”) is primarily engaged in the processing and marketing of cheese, nutritional products, dairy-based consumer products, animal feedstuffs, and trading in agricultural products. The company primarily operates in Ireland, and the US. It is headquartered in Kilkenny, Ireland and employs about *4,349 people. **The company recorded revenues of E1,830.3 million (approximately $2,552.6 million) during the financial year ended December 2009 (FY2009), a decrease of 18% over 2008. The revenue declined primarily as a result of a sharp decline in revenues of dairy Ireland segment. The operating profit of the company was E156.8 million (approximately $218.7 million) in FY2009, an increase of 36.7% over 2008. The net profit was E112.7 million (approximately $157.1 million) in FY2009, an increase of 43.7% over 2008. *Number of employees includes the joint ventures and associates employees. ** The reported revenue does not include revenues from Joint Ventures & Associates segment since the share of results of Joint Ventures & Associates is reported as an after interest and tax amount in the Group income statement.
Glanbia plc: Company Profile and SWOT Analysis
ICD Research's "Glanbia plc: Company Profile and SWOT Analysis" contains in depth information and data about the company and its operations. The profile contains a company overview, business description, financial ratios, SWOT analysis, key facts, information on products and services, details of locations and subsidiaries, plus information on key news events affecting the company.
Glanbia Plc in Ingredients - World
Glanbia has recently announced that it is divesting its Irish dairy and agribusiness interests so as to concentrate on its cheese and global nutritionals activities. This considerably alters the company’s perspective and is likely to offer improved growth opportunities and reduce at least some of its exposure to fluctuations in global dairy prices. This profile examines the implications of these changes and assesses trends and opportunities for Glanbia in its core ingredients markets.
