Global nutrition company Glanbia says it has "good first half momentum", after it published its financial results for the first half of this year.
Glanbia, which has a base in Virginia, County Cavan, issued its annual report for 2022 this morning. has upgraded its full year outlook from 9 to 13% growth as a result.
Half year highlights include group revenues of €2.8 billion.
Group Managing Director Siobhán Talbot says the report has "exceeded our plans" and demonstrates the impact of actions taken in response to "unprecedented inflation".
She added that Glanbia will continue to monitor inflationary trends but is confident that further pricing action and operational efficiencies will deliver improving margins and growth.
Ms Talbot explains the company's response to inflation: