Glanbia Plc · EURONEXT:GL9
Glanbia — Investor Day (November 2025)
21 slides from Glanbia's investor day presentation, Nov 19, 2025
Slide 1: Glanbia plc Capital Markets Day
Glanbia plc C A P I TA L M A R K E T S D AY Hugh McGuire Chief Executive Officer 19 November 2025
Slide 2: Important Notice
I M P O R T A N T N O T I C E The Glanbia Capital Markets Day (“CMD”) presentations contain forward- looking statements. These statements have been made by the Directors in good faith based on the information available to them up to the time of their approval of the CMD presentations. Due to the inh
Slide 3: At the Heart of Better Nutrition
At the Heart of Better Nutrition 3 | Glanbia PLC 2025 CMD
Slide 4: A Better Nutrition Portfolio Driving Growth
A BETTER NUTRITION PORTFOLIO DRIVING GROWTH High-growth categories with great brands and ingredients driven by consumer megatrends Sharpened and focused operating model and portfolio to capture the growth Our people, portfolio, and firepower will drive strong shareholder returns 4 | Glanbia PLC 2025
Slide 5: Accelerated by Powerful Consumer Mega-Trends
A C C E L E R AT E D B Y P O W E R F U L C O N S U M E R M E G A - T R E N D S Consumer needs Consumer behaviours Extension of health Protein demand rapidly expanding benefits across occasions Functional benefits from nutrition Pleasure with purpose demand growing emphasising taste and texture Clean
Slide 6: We Play in Large and Growing Addressable Markets
W E P L AY I N L A R G E A N D G R O W I N G A D D R E S S A B L E M A R K E T S Performance Lifestyle Functional Nutrition Nutrition1 Beverages2 $33bn $127bn $92bn +Mid-single digit growth p.a. Maximise athletic Improve physical and Improve and maintain performance cognitive health energy levels So
Slide 7: Our Journey to a Higher Growth, Higher Margin Business
OUR JOURNEY TO A HIGHER GROWTH, HIGHER MARGIN BUSINESS 2020 Group EBITDA1 $312M +60% ~$500M 2025 Group EBITDA margin1 7.2% +560bps 12.8% Returns to shareholders2 +€1.2bn Cumulative returns 2022 2023 2024 2025 Sale of Glanbia Divested Acquired Flavor Producers Dairy Nutrition and Health & Nutrition I
Slide 8: Our Growth Algorithm
OUR GROWTH ALGORITHM Ambitious revenue growth Earnings ahead of PN – 5-7% revenue growth1 H&N – 4-6% EPS 7-11% OCF 85%+ Invest for growth Transformation and returns savings of $60M p.a.2 Dividend payout – 30-40% 1. Over the period for PN and H&N earnings growth 8 | Glanbia PLC 2025 CMD 2. To deliver
Slide 9: Leading Market Positions
LEADING MARKET POSITIONS PN H&N DN Performance Nutrition $3.9bn ~$500M #1 Global Sports Nutrition Brand Growing position in lifestyle nutrition 45% 48% Health & Nutrition #2 Premix Solutions 16% Leading natural, organic flavours 23% Dairy Nutrition 39% 29% #1 American Cheddar Leading whey protein so
Slide 10: Global Scale
GLOBAL SCALE 5,800 Employees 27 Manufacturing sites 20 Innovation and collaboration centres 120+ Markets for our brands and ingredients Ops R&D Sales 10 | Glanbia PLC 2025 CMD Map of all our manufacturing sites, innovation centres and sales support globally; multiple locations may be represented by
Slide 11: A Clear Strategy to Drive the Next Stage of Growth
A C L E A R S T R AT E G Y T O D R I V E T H E N E X T S TA G E O F G R O W T H Drive Scale Optimise Expand Innovate Optimum Nutrition and Health & Nutrition as a Dairy Nutrition to internationally and to meet growing grow globally with our leading solutions partner maximise profits leverage our glo
Slide 12: Accelerating Performance Nutrition to $2bn+
ACCELERATING PERFORMANCE NUTRITION TO $2BN+ OUR FOCUS AREAS GROW with our portfolio of DRIVE lifestyle brands ENABLED BY OUR RIGHT TO WIN Strong brands in Distinctive Strength in local Innovation engine growing markets and capabilities across markets with tailored creating consumer- categories our g
Slide 13: #1 Global Sports Nutrition Brand
#1 global sports nutrition brand CAGR 15% $1.2bn $120m 2008 20251 REVENUE GROWTH IN 18 OF THE LAST 19 QUARTERS 2 13 | Glanbia PLC 2025 CMD 1. 2025 estimate 2. Like-for-like Revenue Growth since 2021
Slide 14: Invest in Health & Nutrition to Scale to $1bn
I N V E S T I N H E A LT H & N U T R I T I O N T O S C A L E T O $ 1 B N P R O V I D I N G G R E AT TA S T I N G N U T R I T I O N S O L U T I O N S A C R O S S Custom premix Natural and solutions and organic clean- functionally optimised label flavour nutrients systems ENABLED BY OUR RIGHT TO WIN H
Slide 15: Drive Growth in Protein and Bioactives in Dairy Nutrition
D R I V E G R O W T H I N P R O T E I N A N D B I O A C T I V E S I N D A I RY N U T R I T I O N OUR STRONG POSITIONS OUR STRATEGIC PILLARS #1 producer of American style Protect our core through high Cheese cheddar cheese scale, low-cost manufacturing Protein Grow with our proprietary Leading global
Slide 16: Strength of Our Dairy Nutrition Business
S T R E N G T H O F O U R D A I RY NUTRITION BUSINESS Leading innovation capability led by protein experts Leverage protein demand across our B2B portfolio One of the key whey suppliers to Performance Nutrition Stable, strong returning business 16 | Glanbia PLC 2025 CMD
Slide 17: Investing in Key Innovation Platforms That Benefit All Our Businesses
I N V E S T I N G I N K E Y I N N O VAT I O N P L AT F O R M S T H AT B E N E F I T A L L OUR BUSINESSES Unique ability to deliver better nutrition Protein Functional Taste solutions technology nutrients P E R F O R M AN C E H E ALT H & D AI RY N U T R I T I O N N U T R I T I O N N U T R I T I O N F
Slide 18: Ambitious Group-Wide Transformation Programme
AMBITIOUS GROUP-WIDE TRANSFORMATION PROGRAMME SIMPLIFIED DELIVER SUPPLY CHAIN ACCELERATE DIGITAL OPTIMISE OPERATING MODEL EFFICIENCIES TRANSFORMATION PORTFOLIO Simplified operating model Centralised and Automation and AI- Disposals of SlimFast and to focus on growth streamlined for scale enabled fro
Slide 19: Ongoing Strategy to Navigate Whey Volatility
O N G O I N G S T R AT E G Y T O N AV I G AT E W H E Y V O L AT I L I T Y PROCUREMENT MARGIN PRODUCT MIX MANAGEMENT New supply, incl. additional Alternative proteins WPI capacity via JVs Marketing spend effectiveness Non-whey Structured, responsive Revenue growth management innovation procurement ap
Slide 20: Performance-Driven, Purpose-Led Better Nutrition Team
PERFORMANCE-DRIVEN, PURPOSE-LED BETTER NUTRITION TEAM Strong culture across Group Passion for our customers Performance matters Respect for people & consumers Distinctive One Glanbia values People live our values every day Find a better way Win together Sense of fun 20 | Glanbia PLC 2025 CMD
Slide 21: A Better Nutrition Portfolio Driving Growth
A BETTER NUTRITION PORTFOLIO DRIVING GROWTH High-growth categories with great brands and ingredients driven by consumer megatrends Sharpened and focused operating model and portfolio to capture the growth Our people, portfolio, and firepower will drive strong shareholder returns 21 | Glanbia PLC 202