On March 15, before anything was known about its performance this year, Glanbia stock was trading at a near all-time high of €19. As the market closed in Dublin on Thursday, this had nearly halved to just under €10. Some €1.1 billion have been wiped off the stock market value of Glanbia plc in the past three months alone.  On Thursday, Glanbia released quarterly results indicating that difficulties identified at the half-year mark in its flagship performance nutrition remain. The message hammered out by CEO Siobhán Talbot on that morning’s conference call with analysts was that management is “very focused…

Join The Currency

INTRODUCTORY OFFER.

Sign up today: Full annual membership for just €200.

Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators.

Members of The Currency get full access to over 3,200 exclusive interviews, investigations, and analysis, plus over 220 podcasts.

Annual membership is just €200 for the first year, a saving of €100.

Or try The Currency for the first month for a special introductory rate of €5, a saving of €20.

Cancel at any time.

To become a member today click here.