Earnings fall 25pc at Glanbia as it purchases Canadian company for €38m

Earnings fall 25pc at Glanbia as it purchases Canadian company for €38m

Food group Glanbia has reported a 25pc fall in wholly-owned earnings before interest, tax and amortisation (ebita) of €85m for the first half of this year, as it purchases Canadian business Foodarom for €38m.

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