- Accessibilty
- :
- Sitemap
- :
- Contact us
- :
- Email alerts
- :
- RSS
- :
- RSS help
- :
- Mobile
At a glance
Who we are
Glanbia plc is an international nutritional solutions and cheese group, headquartered in Ireland. Glanbia is listed on the Irish and London Stock Exchanges (Symbol: GLB). The Group has four segments; US Cheese & Global Nutritionals, Dairy Ireland, Joint Ventures & Associates and Other Business. Including Joint Ventures & Associates, Glanbia has over 4,300 employees worldwide and has manufacturing and processing facilities in seven countries and sales/technical support locations in 14 countries.
Group Operating Executive
| John Moloney | Group Managing Director |
|---|---|
| Siobhan Talbot | Group Finance Director |
| Kevin Toland | CEO and President of Glanbia USA and Global Nutritionals |
| Brian Phelan | Group HR and Operations Development Director |
| Michael Horan | Group Secretary |
Group Management Committee
| Jim Bergin | CEO Dairy Ingredients Ireland |
|---|---|
| Colm Eustace | CEO Agribusiness |
| Colin Gordon | CEO Consumer Products |
| Raimund C Hoenes | CEO Customised Premix Solutions |
| Hugh McGuire | CEO Performance Nutrition |
| Jerry O'Dea | CEO & President Ingredient Technologies |
| Jeff Williams | CEO & President US Cheese |
Core model
Glanbia's core business in Food Ingredients & Nutritionals is predicated on having access to a series of large dairy milk pools, which are then processed into a range of cheese and dairy products. Derived from these scale processing operations is a large valuable whey stream which, with the application of complementary ingredients and technologies, creates a further product range of high margin nutritional ingredients, focused on high growth markets.
Financial performance
| 2009 | 2010 | |
|---|---|---|
| Revenue* | €2.1 billion | €2.6 billion |
| Operating profit pre exceptional* | €128.6 million | €158.1 million |
| Operating margin pre exceptional* | 6.0% | 6.1% |
| Profit before tax pre exceptional | €97.4 million | €134.7 million |
| Adjusted earnings per share | 30.7 cents | 38.1 cents |
| Dividend per share | 6.8 cents | 7.5 cents |
*Includes share of Joint Ventures & Associates
Operations
Glanbia has three business segments - US Cheese & Global Nutritionals, Dairy Ireland and Other Business. Glanbia also has three principal international joint ventures - Southwest Cheese in the USA, Glanbia Cheese in the UK and Nutricima in Nigeria - as well as a number of smaller Irish-based joint ventures and associates.
On 10 March 2010, the Group announced that Glanbia Co-operative Society Limited, its 54.6% shareholder, had expressed an interest in acquiring Glanbia's Dairy Ireland operations (incorporating Dairy Ingredients, Consumer Products and Agribusiness), Glanbia's Irish property business, Group Business Services and related Irish joint ventures and associates. Following a special general meeting on 10 May 2010 the transaction did not proceed as it did not receive the required approval of Society members.
Recent major announcements
| Date | Release | Format | Size |
|---|---|---|---|
| 24/08/11 | 2011 Glanbia Half Year Results |  | 984 K |
| 16/11/11 | Interim Management Statement | | 440 K |
| 24/08/11 | 2011 Glanbia Half Year Results | | 984 K |
| 30/06/11 | Half Year Trading Statement | | 228 K |
4,300
employees
5.8 billion litres
of milk processed
477,000 tonnes
of cheese produced
262,000 tonnes
of dairy - based ingredients manufactured
