2024 in review
Donard Gaynor Group Chairman and Non-Executive Director
Chairman's statement
“We have a superb organisation with a very strong culture. There are many strengths on which we can build for the future.”
Hugh McGuire Chief Executive Officer and Executive Director
CEO’s review
“The business delivered a strong performance in 2024, demonstrating the strength of our better nutrition brands and ingredients portfolio.”
A message from our CEO
Financial highlights
Revenue
| Name | Value | ||
|---|---|---|---|
| 2024 | 3.8BN | #FFC82D | 2024 |
| 2023* | 3.6BN | #172749 | 2023 *pro-forma |
Return on Capital Employed
| Name | Value | ||
|---|---|---|---|
| 2024 | 12.4% | #FFC82D | 2024 |
| 2023 | 12.2% | #172749 | 2023 |
Adjusted EPS
| Name | Value | ||
|---|---|---|---|
| 2024 | 140.03C | #FFC82D | 2024 |
| 2023 | 131.37C | #172749 | 2023 |
Profit after tax
| Name | Value | ||
|---|---|---|---|
| 2024 | 164.7M | #FFC82D | 2024 |
| 2023 | 347.7M | #172749 | 2023 |
EBITDA
| Name | Value | ||
|---|---|---|---|
| 2024 | 551.3M | #FFC82D | 2024 |
| 2023 | 493.4M | #172749 | 2023 |
OCF cash conversion
| Name | Value | ||
|---|---|---|---|
| 2024 | 88% | #FFC82D | 2024 |
| 2023 | 90.4% | #172749 | 2023 |
Market trends and growth drivers
We innovate and collaborate with our customers and anticipate and monitor consumer market trends. This work ensures that we can influence and drive market trends rather than simply respond to them.
Consistent consumer focus
There is a growing focus on active lifestyles. A greater understanding of the link between diet, exercise and health is driving strong demand for sports nutrition products.
Nutrients for health & wellness
We create better nutrition brands and ingredients that meet consumers' needs when improving their health and wellbeing.
Our focus on sustainability
Consumers want high-quality, high-performance products that are designed and produced sustainably. They value brands and ingredients that make sustainable living easier and more accessible.
Delivering our vision
Our purpose is to deliver better nutrition for every step of life’s journey.
Our strategic priorities help us achieve our ambitions. We will continue to develop our key enablers, our world-class strategic capabilities and our strong assets.
Unique competitive advantage
Glanbia is the world’s no.1 sports nutrition company and a trusted partner to the world’s food and beverage industry through our nutritionals business. We aim to deliver long-term value for our shareholders through our strategy for future growth by meeting the growing consumer demand for healthier nutrition solutions which is supported by our strong cash generation and balance sheet.
Delivering impact
What matters most at Glanbia: People. Planet. Performance. For us, focusing on these areas is not just a better path to profit. It's a mindset, and commitment to action that ripples throughout Glanbia, at every level. Guided by our materiality assessment our ambition and strategy is focused around our most material ESG impacts.
absolute reduction in operations' emissions by 2030 vs 2018 baseline
of consumer-facing packaging to be recyclable, reusable or compostable by 2030
empty space
Our stories
How we are delivering for success.
Sustainability
Nutrition solutions
Performance and lifestyle brands
Reports archive
| DATE | TITLE | REPORT | ZIP | OTHER | ID |
|---|---|---|---|---|---|
| 03 Mar | 2015 Annual Report | 1087 |
| DATE | TITLE | REPORT | ZIP | OTHER | ID |
|---|---|---|---|---|---|
| 09 Apr | 2014 Annual Report | 1093 |
| DATE | TITLE | REPORT | ZIP | OTHER | ID |
|---|---|---|---|---|---|
| 07 Apr | 2013 Annual Report | 1103 |
| DATE | TITLE | REPORT | ZIP | OTHER | ID |
|---|---|---|---|---|---|
| 17 Jan | 2011 Annual Report | 1122 | |||
| 17 Jan | 2010 Annual Report | 1129 | |||
| 17 Jan | 2009 Annual Report | 1136 | |||
| 17 Jan | 2008 Annual Report | 1144 | |||
| 17 Jan | 2007 Annual Report | 1149 | |||
| 17 Jan | 2006 Annual Report | 1154 | |||
| 17 Jan | 2005 Annual Report | 1159 | |||
| 17 Jan | 2004 Annual Report | 1165 | |||
| 17 Jan | 2003 Annual Report | 1169 |