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Glanbia will restructure its nutritionals business into two divisions by 2025 and initiate a €50M buyback.
Glanbia, an Irish nutrition group, plans to restructure its nutritionals business into two divisions: Health & Nutrition and Dairy Nutrition, aimed at enhancing growth and efficiency.
This new model will be implemented by 2025.
The company also announced a €50 million share buyback, adding to its ongoing buyback program.
Glanbia's revenue rose 6% in 2024, with expectations of 5% to 8% growth in adjusted earnings per share for the full year.
6 months ago
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