Glanbia an 'attractive' buy, says Merrion - Irish Independent
Sat, 25 Jun 2011 08:00Merrion is forecasting earnings per share to grow by 14.3pc this year, 9.8pc in 2012 and 12.8pc in 2013. "Trading on a price to earnings ratio of 11 but offering average earnings per share growth of 12.3pc over the next three years, Glanbia's valuation ...
Glanbia sticks to profit target despite one-off charge - DairyReporter.com
Thu, 30 Jun 2011 16:08Liam Igoe, an analyst at Goodbody Stockbrokers, explained that the price that Glanbia pays farmers is based on a basket of dairy goods and because cheese prices have been lagging other products, the analyst said the business unit has been squeezed. ...
CRH and Kerry stocks help Iseq advance - Irish Times
Thu, 30 Jun 2011 23:27IFG continued to see its share price increase, having confirmed to shareholders at its agm on Wednesday that two suitors for the company are to begin due diligence process within 10 days. The Iseq's other financial stocks all finished lower, ...
Ireland Food And Drink Stocks Outperform Thanks To International Focus - Food and Drink Insight (registration)
Sat, 25 Jun 2011 05:37Glanbia called the failure a big disappointment but the strength of the firm's share price since the vote suggests that many investors think the move could still go ahead. The deal would free Glanbia to focus on higher growth areas and give it a strong ...
Milking formula for all it's worth - Irish Times
Thu, 14 Jul 2011 23:25The five market leaders worldwide are Mead Johnson at 20 per cent market share, followed by Nestlé (18 per cent), Abbott (16 per cent), Danone (12 per cent) and Wyeth (10 per cent). Three of those five key players already have significant operations in ...