Added to YB: 2024-04-29
Pitch date: 2024-03-31
GLB.L [bullish]
Glanbia plc
-2.11%
current return
Author Info
No bio for this author
Company Info
Glanbia plc, together with its subsidiaries, operates as a nutrition company worldwide. The company offers sports nutrition and lifestyle nutrition products in various formats, such as powders, capsules, tablets, ready-to-eat bars, and ready-to-drink beverage.
Market Cap
EUR 4.9B
Pitch Price
EUR 17.22
Price Target
N/A
Dividend
2.45%
EV/EBITDA
11.41
P/E
27.91
EV/Sales
1.40
Sector
Food Products
Category
growth
Longleaf Partners International Fund Portfolio Holding: Glanbia plc
GLB.L: Glanbia delivered strong FY23 results, with key brand Optimum Nutrition growing 17% to $1B. Margins improved ahead of expectations. €100M buyback planned for FY24. Simplified reporting structure revealed higher margins, addressing historical undervaluation. Substantial upside remains.
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