Delivering shareholder returns

Glanbia delivers better nutrition for every step of life’s journey. We have unique and distinctive platforms in attractive nutrition categories. 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. We employ over 5,500 people across 30 countries and our brands and ingredients reach millions of people every day.

Hugh McGuire

We are focusing on driving sustainable growth and shareholder value

“We delivered a strong operational and financial performance in 2023. Glanbia is a company with very strong fundamentals – a clear strategy, a portfolio of great brands and ingredients playing into strong underlying consumer health and wellness trends with a team of talented people.”

Hugh McGuire, Chief Executive Officer

Key financial highlights

2023 Adjusted earnings per share from continuing operations
131.37 $c
2023 EBITDA
$ 493.4 m
CASH CONVERSION
90.4 %
ROCE
12.2 %

Six reasons to invest in Glanbia

performacne and lifestyle banner

1. A simplified strategy, focused on better nutrition

Glanbia has a unique portfolio of Better Nutrition brands and ingredients, which address growing consumer demand in major healthy nutrition categories. Our brands and ingredients play into the growing market trends of active lifestyles and health and wellbeing, which have a combined total addressable market of $96bn*.

Our core strategy is focused on delivering growth through our Better Nutrition portfolio of brands and ingredients.

 

*Source: Euromonitor, team analysis.

Serving strong consumer trends through brands and ingredients

2. Serving strong consumer trends through brands and ingredients

In today's world, consumers are seeking brands and ingredients that focus on performance, healthy lifestyles, weight management and boosting immunity. Individuals and governments now recognise that prevention is better than medication and consumers are reacting to that by taking personal accountability for their own health and wellbeing, and we can be with them on that journey.

Glanbia Innovation
Sustainable operations

3. Sustainable operations

Our ESG strategy has been fully integrated into our business model and targets. Our sustainability strategy outlines ambitious goals across our priority areas – carbon, waste, water and packaging. Aligned to the UN Sustainable Development Goals, we have committed to the Science-Based Targets initiative and are very clear on our roadmap for achieving our targets.

Glanbia Sustainability
Financial capacity

4. Financial capacity

We have a strong balance sheet, earnings growth, and cash conversion, all facilitating investment and shareholder returns. 90% of Group EBITA is now delivered through our Better Nutrition growth platform of Glanbia Performance Nutrition and GN Nutritional Solutions. Improving the operational, commercial and financial performance of our business has helped us maximise long-term value and deliver superior returns.

Financial results and presentations

2018-2022 performance

Target
OCF generation
+€ 1.5 bn
AVG. OCF CONVERSION %
80% +
Avg. ROCE
10%- 13 %
Avg. Adj EPS
5%- 10 %
dividend payout
25%- 35 %
Result
+€ 1.6 bn
97.3 %
10.8 %
+ 5.6 %
31.5 %
Focused operating model

5. Focused operating model

We have optimised our business for maximum long-term value through disciplined and focused capital allocation. We have simplified our operating model to focus on brand development and nutrition solutions innovation. Our strong results in recent years highlight the strength of our business, the diversity of our products and markets, our geographic spread, robust financing and an organisational design that permits fast and agile decision-taking.

Our business strategy

2023-2025 targets

Avg. Adj. EPS growth
5- 10 %
Avg. OCF conversion
+ 80 %
Avg. ROCE
10- 13 %
two employees at Glanbia

6. Strong culture and values

At Glanbia, we are a purpose-led business, committed to building an inclusive culture that empowers our people to thrive. Our diverse and engaged workforce drive our strategy to deliver better nutrition every day. We listen to our stakeholders, our employees, our investors, our consumers and customers to craft and deliver on our strategy.

Values and culture

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