Global nutrition company Glanbia says it's first quarter has progressed "largely as expected." Glanbia, which has a base in Virginia, County Cavan, issued its first quarter report this morning.
Commenting on today's report, Siobhán Talbot, Group Managing Director said, "Overall, the first quarter has progressed largely as expected for the Group and we are pleased to be upgrading our full year guidance for growth in Group adjusted EPS to 7% to 11%, constant currency.
She added that the company has continued the portfolio evolution and recently completed the sale of the plc's holding in the Glanbia Cheese joint ventures to their joint venture partner, Leprino Foods.
As a result, the company has increased and extended the share buyback programme announced on 1 March, from €50 million to €100 million.
Today, Glanbia also announced the appointment of Ms Gabriella Parisse to its Board as an Independent Non-Executive Director effective 1 June 2023. On appointment Ms Parisse will also join the Board Development Committee.
