**Summary of Glanbia Full Year 2025 Results**
Glanbia plc, the Better Nutrition company, reported robust financial results for the 2025 fiscal year, ending January 3, 2026. Key highlights include
**Revenue Growth**Revenue increased by 2.3% to $3.9 billion, driven by like-for-like (LFL) growth across all three segments: Performance Nutrition (PN), Health & Nutrition (H&N), and Dairy Nutrition (DN).
**EBITDA Decline**EBITDA decreased by 9.4% to $499.1 million, primarily due to record whey input costs affecting the PN segment.
**Adjusted EPS**Adjusted earnings per share (EPS) declined by 3.4% to 134.93 cents, while basic EPS increased by 19.7% to 73.16 cents.
**Segment Performance**
**Performance Nutrition**LFL revenue growth of 4.5%, with Optimum Nutrition achieving 6.4% growth. EBITDA margin declined to 13.0% due to high whey costs.
**Health & Nutrition**LFL revenue growth of 6.8%, with strong volume growth. EBITDA margin improved to 18.4%.
**Dairy Nutrition**LFL volume growth of 4.2%, with EBITDA of $149.5 million.
**Capital Allocation**
Recommended a final dividend of 25.67 €cent, bringing the total 2025 dividend to 42.87 €cent, a 10% increase.
Returned €197 million to shareholders via share buybacks and approved an additional €100 million buyback for 2026.
**Strategic Updates**
Sold non-core brands SlimFast and Body & Fit.
Acquired Sweetmix and Scicore to enhance global scale in H&N.
Continued a group-wide transformation program targeting $60 million in annual cost savings by 2027.
**2026 Outlook**
Expects adjusted EPS growth of 7% to 11% and operating cash conversion of 85%+.
Segmental performance is expected to align with medium-term targets.
CEO Hugh McGuire emphasized the Groups resilience despite macroeconomic challenges, highlighting strong cash flow, strategic acquisitions, and progress on cost-saving initiatives. Glanbia remains focused on its medium-term targets, positioning itself as a leader in better nutrition.