The group’s performance nutrition business was the main driver of growth EAMONN FARRELL/ROLLINGNEWSGlanbia has reaffirmed its full-year earnings guidance after a “satisfactory” first nine months of the year in which revenue rose by 6.6 per cent. The Kilkenny-based group’s performance nutrition business was again the main driver of revenue growth from continuing operations, while its nutritionals segment also performed well, it said in an interim management statement yesterday. The two business segments include a range of protein-based products and health and wellness supplements. Glanbia said that the outlook for the remainder of the year was positive and reiterated its full-year guidance of between 7 per cent and 10 per cent growth in adjusted earnings per share in constant currency terms. The group’s revenue growth was achieved with a 2.4 per cent increase in volume coupled with a…

Source: The Times November 02, 2017 00:00 UTC