Glanbia reports pre-tax 2008 profit rise of 21% before exceptional items
Mar 4th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Food group Glanbia today reported pre-tax profits of over €100m for 2008, which included one-off charges linked to restructuring costs and the company's exit from the pigmeat business. Excluding exceptional items, pre-tax profits showed an increase of almost 21% to €120.3m. Revenue was almost flat at just over €2.2 billion and adjusted earnings per share increased by 18.5% to 35.86 cent.