27 Feb 2020 --- Glanbia’s Nutritional segment (GN), alongside its recent SlimFast and Watson acquisitions, drove a 16.6 percent increase in revenue in 2019, up from €3.17 billion (US$3.46 billion) in 2018 to €3.87 billion (US$4.24 billion), according to the company’s 2019 full year results. However, the Glanbia Performance Nutrition (GPN) segment notably lagged behind its dairy segment Glanbia Nutritionals, which “impacted its revenue and earnings.” The company aims to leverage the potential of its Optimum Nutrition (ON) brand and Body & Fit direct-to-consumer platform to achieve branded revenue growth this year, as the nutrition industry continues its quest to deliver on consumer convenience trends through e-commerce and easily prepared food and beverage supplements.
