Glanbia plc announced Interim Management Statement for the four month period to 27 April 2013. For the period the company reported total group revenue grew almost 9% in the four months to the end of April compared to the same period in 2012. This comprised approximately 5% volume and 4% price growth. Glanbia's net debt as at 27 April 2013 was €459 million. Net debt to 12 month rolling adjusted EBITDA at the same date was 2.1 times which was an improvement on the same period in 2012 of 2.4 times. Committed debt facilities amounted to €758 million with €39 million maturing in July 2014, €469 million maturing in January 2018 and $325 million (€250 million) maturing in June 2021. For 2013 the company have a significant capital expenditure programmed in the region of €130 million and financing strategy supports debt capacity to fund up to €200 million acquisition expenditure.

Glanbia plc is seeking to acquire Bunclody branch of Wexford Farmers Co-Operative Society Ltd (WFC). A spokesperson for Glanbia said that a deal regarding the WFC branch had not been finalized but she admitted that Glanbia were in discussions regarding the business.

Glanbia plc announced audited group earnings results for the year ended December 29, 2012. For the period, the company reported revenue of €2,211,757,000 compared to €1,932,849,000 a year ago period. EBITA was €177,452,000 against €132,603,000 a year ago period. Operating profit was €157,588,000 against €114,656,000 a year ago period. Profit before taxation was €149,307,000 against €105,576,000 a year ago period. Profit for the year from continuing operations was €125,247,000 or 42.07 cents per diluted share against €84,005,000 or 28.17 cents per diluted share a year ago period. Profit attributable to equity holders of the parent was €143,790,000 or 48.47 cents per diluted share against €112,178,000 or 37.90 cents per diluted share a year ago period. Net cash inflow from operating activities was €73,046,000 against €106,053,000 a year ago period. Purchase of property, plant and equipment was €65,893,000 against €38,310,000 a year ago period. Purchase of intangible assets was €4,119,000 against €1,646,000 a year ago period. Net debt at the end of the year was €376,560,000 against €480,331,000 a year ago period. Adjusted net income from continuing operations was €150,007,000 or 50.56 cents per diluted share against €118,417,000 or 40.01 cents per diluted share a year ago period. On a reported currency basis, proforma total group revenue was €3,038.1 million and EBITA was €213.6 million compared with total group revenue of €32,752.4 million and EBITA of €181.8 million a year ago period. This growth in revenue was driven primarily by positive pricing and volume growth in the Global Nutritionals businesses, which drove a 20% increase in revenue across the three nutritional business units. The company yielded about a 14% return on capital. The Board is recommending a final dividend of 5.43 cents per share compared to a final dividend of 4.94 cents per share paid in 2011. This represents an increase of 10% in the year and brings the total dividend for the year to 9.09 cents per share compared to 8.27 cents per share paid in 2011. Subject to shareholders approval, this dividend will be paid on 31 May 2013 to shareholders on the register of members at 19 April 2013, the record date. The company provided financial guidance for 2013. The company is guiding 8% to 10% year-on-year growth in adjusted earnings per share, on a constant currency basis, from 51.02 cents, which takes into account the dilutive effect of the GIIL transaction. There are some headwinds with an uncertain global economic environment and challenging Irish retail environment, but the Group is well positioned to maintain its growth momentum.