Glanbia Plc Ord (GLAPF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the Glambia Q3 2025 interim management statement call. During today's call, the directors may make 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 this interim management statement. Due to the inherent uncertainties, including both economic and business risk factors underlying such forward-looking information, actual results may differ materially from those expressed or implied by these statements. The directors undertake no obligation to update any forward-looking statements made on today's call, whether as a result of new information, future events, or otherwise. I'm now going to hand the call over to Hugh Maguire, CEO of Glanbia PLC. Thank you, Liam. Good morning, everyone, and welcome to the Glanbia Quarter 3 2025 Interim Management Statement call and presentation. On today's call, I will provide an overview of our performance for the first nine months of the year, And I'm joined by my colleague, Mark Garvey, who will cover the financials and outlook. At the end of the presentation, we will be very happy to take your questions. Overall, quarter three year-to-date performance for the group was ahead of our expectations. Group revenue increased by 3.3%, with strong performances in our performance nutrition and health and nutrition segments in the third quarter, and continued good growth in our dairy nutrition segments. In performance nutrition, like-for-like revenue increased by 2.5% year-to-date, excluding the impact of SlimFast and Body & Fit. We continue to see strong consumer demand, with double-digit volume growth in the third quarter in our priority growth brands, Optimum Nutrition and Isofure. In health and nut...