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Dear Glanbia board of directors…don't be afraid to give up what's good for what's great! Glanbia Plc (LON:GLB) is a multibillion-dollar global nutrition company that's currently comprised of three divisions that span across the B2B supply chain (i.e. Health & Nutrition and Dairy Nutrition) and branded products (Performance Nutrition). “Health & Nutrition” is a leading global ingredients solutions business, providing value added ingredient and flavor solutions to a range of attractive, high-growth end markets. In the first quarter of 2025, revenue increased by 24.9% YoY. “Dairy Nutrition” is the number one producer of American-style cheddar cheese in the U.S. market, but more importantly (for my audience) the number one producer of whey protein isolate…and provides a wide range of dairy and functional protein solutions. In the first quarter of 2025, revenue increased by 18.9%. The brands in the Glanbia Performance Nutrition portfolio include; Optimum Nutrition, BSN, think!, Isopure, Amazing Grass, and SlimFast. Glanbia Performance Nutrition had first quarter 2025 revenue that declined by 6.6% YoY, driven by a volume decrease of 5.8% and a price decrease of 0.8%. Additionally, I'll dive deeper into Glanbia Performance Nutrition geographical, sales channel, product format, and categorial performance. Optimum Nutrition, which was the initial M&A transaction in 2008 that created the GPN division, now represents 66% of the total revenue. In the last year, Optimum Nutrition generated revenue of approximately $1.2 billion. Moreover, Optimum Nutrition is the number one sports nutrition brand in the world and also the top sports nutrition brand in close to 20 different countries. As part of its group-wide transformation program announced last November, that seeks to generate annual cost savings of at least $50m by 2027, leadership noted that a GPN portfolio review to ensure focus can be placed on high-growth opportunities had determined the divesture decision on its Netherlands-based direct-to-consumer ecommerce business, Body & Fit (that was acquired in 2017), and its weight management brand SlimFast (that was acquired for $350 million in 2018). Also, if you don't follow the Irish financial news cycle, you might have missed that the activist investor Clearway Capital is back again! But this time…Clearway Capital is hoping to get support from Tirlán Co-op, which is Ireland's largest, farmer-owned agri-food and nutrition business. Also, Tirlán is the largest shareholder in Glanbia. But while I couldn't get access to the exact letter sent to Tirlán, urging it to support a plan to split up Glanbia…Clearway Capital did recently address the Glanbia board of directors at its annual general meeting, requesting the global nutrition company initiate a strategic review into potential disassembly. And just like three years ago, I'm still largely aligned with those Clearway Capital statements. But the major difference surrounds our motivation as to why we've been urging Glanbia to be split up into two (or three different businesses).
It was basically six years ago when I asked Glanbia to consider something completely foreign to their longstanding business culture, but today's the day my dreams became reality (well sort of)! Glanbia Performance Nutrition is one of two divisions of Glanbia plc (LON:GLB), a multibillion-dollar global nutrition company. The brands in the Glanbia Performance Nutrition portfolio include; Optimum Nutrition, BSN, think!, Isopure, Amazing Grass, and SlimFast. I'll use the recent earnings report, earnings call, and associated news to update you on how Glanbia Nutritionals and Glanbia Performance Nutrition is performing against the complex operating environment. Glanbia Performance Nutrition had full-year 2024 revenue of $1.81 billion, which increased 0.5% YoY. The brand portfolio had volume growth of 2.9%, but that was more than offset by price decline of 4.2% YoY. Additionally, I'll dive deeper into Glanbia Performance Nutrition geographical, sales channel, product format, and categorial performance (performance nutrition, healthy lifestyle, and weight management). Optimum Nutrition, which was the initial M&A transaction in 2008 that created the GPN division, now represents 66% of the total revenue. In 2024, Optimum Nutrition generated revenue of approximately $1.2 billion, which was up 7.5% YoY. Moreover, Optimum Nutrition is the number one sports nutrition brand in the world and also the top sports nutrition brand in close to 20 different countries. As part of its group-wide transformation program announced last November, that seeks to generate annual cost savings of at least $50m by 2027, leadership noted that a GPN portfolio review to ensure focus can be placed on high-growth opportunities had determined the divesture decision on its Netherlands-based direct-to-consumer ecommerce business, Body & Fit (that was acquired in 2017), and its weight management brand SlimFast (that was acquired for $350 million in 2018). And then in this final part of the content, I want to share some comments about how Glanbia intends to navigate the current volatility in the high-end whey market. Glanbia expects a $200 million transitory impact from this cycle of sharp commodity market inflation, which it plans to mitigate by pulling a variety of different front-facing and back-end levers. These include substantial price increases (that will trickle down to consumers later this year), shifts in price pack architecture, reformulation of products, and trade promotion efficiency (and pullback in overall marketing spend). Additionally, Glanbia leadership even noted that long-term investments in alternative protein sources are being considered (which maybe even includes a takeover of the embroiled precision fermentation startup Perfect Day that I suggested Glanbia acquire several years ago).
Glanbia's share price fell by around 20% today as the nutrition company predicts its 2025 profits will take a battering, Ian Guider, columnist with the Business Post, joins The Last Word to discuss this and more of the day's business news. Catch the full chat by pressing the 'Play' button on this page!
In this episode Jamie Williams, Retail Media Lead at Glanbia walks through two specific AMC analyses conducted in partnership with the Flywheel team. We start with using AMC to help answer questions around how top items in the portfolio drive NTB, profitability, and loyalty and conclude with talking through a tentpole analysis done to dig into how the brand performs across different tentpole events in order to evaluate future investments. From the objective to the analysis to the results and following actions to drive growth, this episode has it all.
Welcome to the latest episode of the Dividend Talk podcast! This week, we dive into the third and final week of the year focused on quarterly earnings, featuring a variety of European and US companies. Chapters: 00:00 Introduction 03:00 Market Sentiment and European Focus 06:45 Accounting Scandals: ADM's Latest Update 12:00 Impact of China's $1.4 Trillion Stimulus 18:30 LVMH and the Chinese Luxury Market 23:00 Snap-on's 15% Dividend Hike (Ticker: SNA) 28:00 Glanbia's Evolution and Growth (Ticker: GPN) 32:15 Analysis of Hershey's Recent Struggles (Ticker: HSY) 39:00 Deutsche Post Earnings Review (Ticker: DHL) 43:00 Listener Questions on Dividend Portfolios and US Retail Stocks 50:00 Closing Remarks Tickers Mentioned: ADM LVMH SNA GPN HSY DHL Don't forget to like, comment, and subscribe for more deep dives into dividend investing from a European perspective! Follow Us:
Did a recent human capital move finally signal that Glanbia Performance Nutrition intends to transform into a “functional beverage powerhouse” long-term that I've been talking about for the last few years? Glanbia Performance Nutrition is one of two divisions of Glanbia plc (LON:GLB), a multibillion-dollar global nutrition company. The brands in the Glanbia Performance Nutrition portfolio include; Optimum Nutrition, BSN, think!, Isopure, Amazing Grass, and SlimFast. I'll use the recent earnings report, earnings call, and associated news to update you on how Glanbia Nutritionals and Glanbia Performance Nutrition is performing against the complex operating environment. Glanbia Performance Nutrition had 2024 first nine month of 2024 revenue growth of 1.7% YoY. The brand portfolio had volume growth of 3.2%, but that was more than offset by price decline of 4% YoY. Additionally, I'll dive deeper into Glanbia Performance Nutrition geographical and product categorial performance (performance nutrition, healthy lifestyle, and weight management). BTW I'm thinking about the creation of a change.org petition for the Glanbia Performance Nutrition division name to be amended to The Optimum Nutrition Company. This one brand alone now accounts for 65% of the total GPN revenue. In first nine months of 2024, Optimum Nutrition had 6.4% YoY growth coming from strong volume gains, but U.S. market retail consumption growth in tracked channels was up 1.1% over the recent 13-week period. Additionally, Optimum Nutrition generated over $1.1 billion in revenue last year...which makes it the number one sports nutrition brand in the world and also the top sports nutrition brand in 18 different countries. Finally, I talk through why I think the recent hiring of GPN Americas President and an announced Glanbia group transformation program sounds like the perfect opportunity to strategically align around GPN becoming a “functional beverage powerhouse” long-term. The RTD beverage format accounts for about 8% of the total GPN revenue…and that basically $150 million in 2024 revenue comes from four main products (across three different GPN brands). Yet, all of the focus will likely be placed on the Optimum Nutrition and ISOPURE protein beverages that have underperformed compared to market leaders like Premier Protein. FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN YOUTUBE TWITTER INSTAGRAM FACEBOOK --- Support this podcast: https://podcasters.spotify.com/pod/show/joshua-schall/support
Thanks to recent innovations with inclusions, better-for-you baked goods and snacks can be more than tasty and healthy; they can also be fun. Miller talks about some of the company's products that sweeten, sparkle, and otherwise enhance products to help delight consumers.
Glanbia details how the company's research is informing its nutritional offerings to meet the evolving needs of female consumers.
The CPGGUYS are joined in this episode by Jamie Williams, Sr Mgr. Media at Glanbia nutrition. This is a discussion anchored on retail media, especially Amazon ad management and measurement. Our guest has an impressive background in paid search and retail media with work at Performics, Omnicom Media Group & Mindshare. Two years ago, she moved from the agency world over to the brand side when she joined Glanbia Performance Nutrition as Senior Retail Media Manager. We're looking forward to engaging in a great conversation of rank punditry around retail media from a brand perspective.Find Jamie Williams on Linkedin at : https://www.linkedin.com/in/jamiestrothmann/Find Glanbia nutrition on Linkedin at : https://www.linkedin.com/company/glanbiaperformancenutrition/Find Glanbia nutrition online at : https://www.glanbianutritionals.com/enHere's what we asked her : 1. Before joining Glanbia, you spent a number of years working on the agency side. How do you think it helped prepare you for your work at Glanbia? Did it shape how you engage with the agencies that you work with today?2. Let's start to decompose retail media into a number of different capabilities, starting with search. Is search still the most important part of a brand's retail media strategy?3. It seems like every week, a new retail media platform is launched. How can brands hope to manage investments across so many platforms or are some changes that need to take place around consolidation or integration that allows for more automation before brands can think beyond Amazon & Walmart?4. RMNs are increasingly promoting upper funnel ad units like offsite programmatic and streaming TV. Are these services currently appealing to brands for investment? What's keeping these offerings from fully replacing traditional channels like linear TV and print?5. What are your guiding principles around partnering with both brand and customer teams in establishing retail media plans? 6. In-store retail media is another set of ad units that are quickly emerging on the retail media landscape. How do you think about employing these tools from a brand perspective? Is this more of a trade function or should brands be thinking about how to deploy for full funnel strategic activation?7. How are you using AMC today? What business strategies are you trying to solve with more data from the retailer?8. What industry trends around retail media are you most closely paying attention to right now?For The path to purchase institute omni shopper awards sponsorship : email contact@cpgguys.com or click hereFor the Drug Store News issues summit HBC awards : email contact@cpgguys.com or click hereCPG Guys Website: http://CPGguys.comFMCG Guys Website: http://FMCGguys.comCPG Scoop Website: http://CPGscoop.comRhea Raj's Website: http://rhearaj.comLara Raj on PopStar Academy: https://www.netflix.com/us/title/81587828?s=i&trkid=258593161&vlang=enDISCLAIMER: The content in this podcast episode is provided for general informational purposes only. By listening to our episode, you understand that no information contained in this episode should be construed as advice from CPGGUYS, LLC or the individual author, hosts, or guests, nor is it intended to be a substitute for research on any subCPGGUYS LLC expressly disclaims any and all liability or responsibility for any direct, indirect, incidental, special, consequential or other damages arising out of any individual's use of, reference to, or inability to use this podcast or the information we presented in this podcast.
The IMI (Irish Management Institute), a centre of excellence for business education, has published new research revealing that AI is not currently a strategic priority among most business leaders in Ireland. The 'IMI Leadership Barometer' surveyed senior business leaders in Ireland from private, public and semi-state organisations across a wide range of sectors, including technology, food/agriculture, utilities, banking, finance, professional services, legal, healthcare, logistics, construction and others. The research provides key insights into the attitudes and priorities of senior decision-makers as they navigate a shifting business environment and the rise of disruptive new technologies. Findings show that only 30% of business leaders currently consider AI a strategic priority. Many organisations are still in an experimentation phase with the technology, with 40% of leaders stating that they are testing the technology in areas of their business. A further 30% of decision-makers reported struggling to keep pace with rapid advancements in technology, reflecting a clear need for upskilling and education in technology among business decision-makers. With businesses continuing to face the impact of a tight labour market, attracting and retaining highly skilled talent is set to continue as a top concern for decision-makers, according to the findings of the Barometer. 36% of leaders state that retaining top talent is set to become more difficult over the coming months. More than half of business leaders (54%) believe that retaining talent will remain challenging in the next 12 months. Despite these challenges, business leaders in Ireland are generally confident about their capacity to navigate change. Findings reveal that 84% of senior leaders are reasonably confident about their capacity to achieve core business objectives over the next 12 months. Only 4% of decision-makers state their organisation is fully prepared to overcome obstacles and unlock business growth over the months ahead. Leadership and management capabilities are the top business priority for senior decision-makers, indicating clear awareness among leaders of the importance of strengthening skills in this rapidly evolving landscape. Future workforce skills/ways of working and technology from a business perspective make up the top three most important areas on leaders' business agenda for the coming months. The new research is released as the IMI announces the agenda for its 2024 National Leadership Conference. First held over 70 years ago, the NLC 2024 will bring together senior business leaders from across Ireland for a series of discussions focused on enhancing leadership skills and positioning their organisations for future success. Speakers at the event include Deputy Simon Coveney, former Tánaiste and Minister for Enterprise, Trade and Employment; Michael Lohan, CEO of IDA Ireland; Ann Kelleher, foundry technology development General Manager at Intel Corporation; Bernard Gloster, CEO of Health Service Executive; Siobhan Talbot, the former CEO of Glanbia; Vanessa Hartley, Head of Google Ireland; and Christopher Hartwell, Head of the International Management Institute & Professor of International Business Policy at ZHAW School of Management and Law. The 2024 edition of the NLC will be held on October 3rd at IMI's Sandyford campus, with additional speakers due to be announced in the coming weeks. Commenting on the release of the research, Shane O'Sullivan, CEO of the IMI, said: "Senior leaders across Ireland continue to navigate a fast-evolving business environment from a tight labour market to rapid advances in technology and heightened global competition. The IMI Leadership Barometer provides an important insight into the key challenges and opportunities facing leaders in Ireland in this environment and the actions they're taking to prepare their businesses for future success. "It's clear from the findings of the Barometer that many leaders are still at an...
In today's 82nd episode of the show, back after a short Olympic fuelled summer break, we are diving into the world of Formula One, and the position of an Irish company at its very highest level.Colin Westcott-Pitt is the Global Chief Brand Officer at Glanbia Performance Nutrition, and his signature is only just dry on a deal with the McLaren F1 team.Glanbia is now fuelling the drivers who are flying around the tracks, making life-and-death decisions in microseconds, and very much needing to be at the top of their game.We chat about the role of nutrition in that high-octane environment, about the business, but also about the old days of James Hunt, when the driver was perhaps more about the high life than the details of high-performance prep, and, of course, about what Zac Brown is like to work with… Our Leadership Series Coverage is in partnership with PwC, and we have a great line-up of interviews coming down the track over the coming weeks. Find out more about what we do day in day out at Sportforbusiness.com Subscribe wherever you get your podcasts from and thanks for taking the time to listen in.
If it ain't broke, don't fix it. But if it's REALLY broke…follow what Glanbia always does and just send it off to the island of the misfit toys! Glanbia Performance Nutrition is one of two divisions of Glanbia plc (LON:GLB), a multibillion-dollar global nutrition company. The brands in the Glanbia Performance Nutrition portfolio include; Optimum Nutrition, BSN, think!, Isopure, Amazing Grass, and SlimFast. I'll use the recent earnings report, earnings call, and associated news to update you on how Glanbia Nutritionals and Glanbia Performance Nutrition is performing against the complex operating environment. Glanbia Performance Nutrition had 2024 first half revenue of $882.1 million, which was down 0.8% YoY. The brand portfolio had volume growth of 3.1%, but that was more than offset by price decline of 3.9% YoY. Additionally, I'll dive deeper into Glanbia Performance Nutrition geographical and product categorial performance (performance nutrition, healthy lifestyle, and weight management). BTW I'm thinking about the creation of a change.org petition for the Glanbia Performance Nutrition division name to be amended to The Optimum Nutrition Company. This one brand alone now accounts for 65% of the total GPN revenue. In 2024 H1, Optimum Nutrition had 7.7% YoY growth coming from strong volume gains, but U.S. market retail consumption growth in tracked channels was basically flat over the 13-week period ending July 14, 2024. Additionally, Optimum Nutrition generated over $1.1 billion in revenue last year...which makes it the number one sports nutrition brand in the world and also the top sports nutrition brand in 18 different countries. I also update you on the GPN revenue breakdowns (and trends) by sales channel and product format. Finally, I talk through a collection of hot takes or things I'm left pondering about Glanbia at this current time. These include the full reasoning behind poor performance of RTD beverages and snacking formats at GPN (beyond the poor performance of SlimFast), slight (but impactful) design changes made to Optimum Nutrition packaging, and my updated outlook on dry whey and cocoa commodity pricing. FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN YOUTUBE TWITTER INSTAGRAM FACEBOOK --- Support this podcast: https://podcasters.spotify.com/pod/show/joshua-schall/support
Our guest is Jessica Watson comes with a unique international background with her “business school” Procter & Gamble, where she worked in the UK, Australia and Singapore in both local and regional roles. She's now the General Manager for the UK at Glanbia Performance Nutrition (GPN), in which she's applying her best practice background to a growing category that also falls into one of her passions: high performance in both life and business. Tune into this conversation to learn about: Starting a career at P&G and making unusual international moves Changing companies: cultural change and learning a new category Performance Nutrition: growth, route to market and more Leadership: evolving, keeping a high performing culture across levels and demographics
As the youngest ever president of the Agriculture Science Association, Niamh has had a busy year organising various events and information evenings.She gives us an exclusive on this year's conference taking place on the 5 September in the Lyrath Estate, Co Kilkenny. Starting in a graduate role in Glanbia, Niamh is now the livestock identification and intelligence division manager at Mullinahone Co-op managing over 30 staff members.With an interest in education and knowledge transfer, she is also in the middle of her second master's degree, Environmental Sustainability in University College Dublin. Niamh emphasises the importance of taking opportunities as they arise even if you are not fully sure of what you want to do. Along with this, we settle the debate of do you eat or drink a cappuccino in the quick-fire round. To get in touch with your opinions and feedback on the podcast, you can email youngstock@farmersjournal.ie or leave a WhatsApp voice note to 086 836 6465. Hosted on Acast. See acast.com/privacy for more information.
Todays guest is Colin Westcott Pitt, Global Chief Brand Officer with Glanbia Performance Nutrition. And today we are talking about building a ONE Billion Dollar Global Brand. Colin has a background in working in global alcohol brands and we chat about that and about his time working on Dos Equis which at the time had the brilliant Most Interesting man in the world campaign, so we chat about that and how that field of marketing has changed and evolved. 8 years Colin moved to Glanbia, an Irish global nutrition group with operations in 32 countries. It has leading market positions in sports nutrition, cheese, dairy ingredients, speciality non-dairy ingredients and vitamin and mineral premixes. Glanbia products are sold or distributed in over 130 countries. In their Performance Nutrition they have a portfolio of about 9 brands indluding hugely successful Optimum Nutrition which Glanbia acquired in 2008 and achieved over 1.1 Billion in revenue in 2023. Colin highlights key moments of success for Optimum Nutrition, notably its expansion into online and broader retail distribution. We discuss the new partnership with the McLaren Formula One team, which focuses on the importance of nutrition for both drivers and pit crews. We delve into a topic I have a keen interest in and something that Diplomat helps brands figure out and that is the complexities of managing a global brand. Colin underscores the vital role of investing in local talent and nurturing a collaborative culture within the organization to drive brand success. In the episode we also address the challenges of measuring marketing effectiveness, especially in the digital age, the potential of AI to revolutionize content creation and media planning, and the importance of aligning marketing strategies with business goals to ensure they contribute to revenue growth and profitability. The discussion rounds off with advice for aspiring marketers, focusing on the need for cross-functional exposure, active listening, and a strong understanding of consumer behavior. 01:15 The Dos Equis Campaign04:33 Industry Changes and Adaptation06:19 Transition to Glanbia12:25 Optimum Nutrition's Success Story19:19 Partnership with McLaren F123:35 Balancing Global and Local Branding28:56 Investing in Local Talent29:52 Learning from Mistakes and Experimentation31:50 Valuing Brand in Business Strategy33:48 Conversations with the C-Suite34:42 Marketing Metrics and Business Goals37:38 Adapting to Technological Changes40:18 Maintaining Market Leadership42:13 Skills for Future MarketersThanks to today's show sponsors: The Indie List and Diplomat, the global brand agency Get in touch email Instagram X YoutubeListen to all episodes here Hosted on Acast. See acast.com/privacy for more information.
Maybe it wasn't the most impressive first official reporting period for Glanbia's new CEO…though it's not always about how you start that's important, but how you finish, right? Glanbia Performance Nutrition is one of two wholly-owned segments of Glanbia plc (LON:GLB), a multibillion-dollar global nutrition company. The brands in the Glanbia Performance Nutrition portfolio include; Optimum Nutrition, BSN, think!, Isopure, Amazing Grass, and SlimFast. I'll use the recent earnings report, earnings call, and associated news to update you on how Glanbia Nutritionals and Glanbia Performance Nutrition is performing against the complex operating environment. Glanbia Performance Nutrition had 2024 first quarter revenue that decreased 1.9% compared to last year. The brand portfolio had volume growth of 1.4%, but that was more than offset by price decline of 3.3% YoY. Additionally, I'll dive deeper into Glanbia Performance Nutrition geographical and product categorial performance (performance nutrition, healthy lifestyle, and weight management). BTW I'm thinking about the creation of a change.org petition for the Glanbia Performance Nutrition division name to be amended to The Optimum Nutrition Company. This one brand alone now accounts for 64% of the total GPN revenue. In 2024 Q1, Optimum Nutrition had 5.6% growth coming from both pricing and volume gains…and U.S. market retail consumption growth in tracked channels was basically flat over the 13-week period ending March 23, 2024. Additionally, Optimum Nutrition generated over $1.1 billion in revenue last year...which makes it the number one sports nutrition brand in the world and also the top sports nutrition brand in 18 different countries. Finally, I talk through a collection of hot takes or things I'm left pondering about Glanbia at this current time. These include where the struggling legacy brand SlimFast sits inside of an evolving weight management category that has seen huge spikes in GLP-1 weight loss solutions (e.g. Ozempic, Wegovy, Zepbound, etc.), think! protein bars and Girl Scouts collaboration, recent marketing strategic partnerships (McClaren F1, Spartan Race, and Sky Sports), dry whey and cocoa commodity pricing, and ISOPURE picking up momentum. FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN YOUTUBE TWITTER INSTAGRAM FACEBOOK --- Support this podcast: https://podcasters.spotify.com/pod/show/joshua-schall/support
Sometimes when you're looking for billion-dollar opportunities…you can easily overlook those little details that can change everything. In last quarter's Glanbia content, you might have noticed my irritation growing because over the inability of Optimum Nutrition to have a protein RTD offering that's competing closely with the likes of market leaders…Premier Protein, Fairlife/Core Power, and Muscle Milk. But maybe I was looking at this problem from the wrong angle…maybe the answer to competing in the growing protein beverages market is through ISOPURE. But you might be asking why hasn't ISOPURE been successful to those massive levels either yet? And in this content I'll explore that...and more! Glanbia Performance Nutrition is one of two wholly-owned segments of Glanbia plc (LON:GLB), a multibillion-dollar global nutrition company. The brands in the Glanbia Performance Nutrition portfolio include; Optimum Nutrition, BSN, think!, Isopure, Amazing Grass, and SlimFast. I'll use the recent earnings report, earnings call, and associated news to update you on how Glanbia Nutritionals and Glanbia Performance Nutrition is performing against the complex operating environment. Glanbia Performance Nutrition had 2023 full-year revenue of $1.8 billion, which was an increase 4.8% compared to last year. The brand portfolio continued to have strong pricing power in the market (with it being up 5.4%), but volume was down 0.6%. Additionally, I'll dive deeper into Glanbia Performance Nutrition geographical and product categorial performance (performance nutrition, healthy lifestyle, and weight management). BTW I'm thinking about the creation of a change.org petition for the Glanbia Performance Nutrition division name to be amended to The Optimum Nutrition Company. This one brand alone now accounts for 62% of the total GPN revenue. In 2023, Optimum Nutrition had 17% growth coming from both pricing and volume gains…and U.S. market retail consumption growth in tracked channels was 13.7% over the 52-week period ending December 31, 2023. Additionally, Optimum Nutrition generated over $1.1 billion in revenue in 2023...which makes it the number one sports nutrition brand in the world and also the top sports nutrition brand in 18 different countries. Finally, I talk through a collection of hot takes or things I'm left pondering about Glanbia at this current time. These include where the struggling legacy brand SlimFast sits inside of an evolving weight management category that has seen huge spikes in GLP-1 drugs (e.g. Ozempic, Wegovy, etc.), the think! protein bar brand (which has regained sales momentum after the “Great Shutdown” period) will see an exciting licensing partnership come sometime later this year, and why I think Glanbia is addressing the growth opportunity within the digital channel in the incorrect manner. FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN - https://www.linkedin.com/in/joshuaschallmba YOUTUBE - www.youtube.com/c/joshuaschall TWITTER - https://www.twitter.com/joshua_schall INSTAGRAM - https://www.instagram.com/joshua_schall FACEBOOK - https://www.facebook.com/jschallconsulting --- Support this podcast: https://podcasters.spotify.com/pod/show/joshua-schall/support
Ten minutes into the first job interview, Wendy Chang Smith knew that Glanbia was the right fit for her. As someone for whom company culture, values and learning experiences are paramount, Wendy was bowled over by the “wisdom and experience” of the two colleagues on the panel and felt like she had known them for years – “ I was sold, I was ready to join this company.”But the idea of taking on the role of CFO of Glanbia Performance Nutrition was also very compelling from a business perspective. The company's main brand, Optimum Nutrition, has been around for over 35 years, is sold in more than 90 countries, and recently became Glanbia's first billion-dollar brand. Yet despite being the world's number one sports nutrition brand, its growth potential in major markets like the US is very significant, and this was a challenge that excited Wendy.In this episode of The EY Podcast: CFO Outlook Podcast, Wendy Chang Smith, CFO of Glanbia Performance Nutrition, joins Jonathan Healy to talk about working in some of the world's biggest multinationals, her vision for the future of sports nutrition, and why company culture is so important to her. They also discuss:· The three qualities of a highly effective business strategy· Why she believes that risk-taking is important for generating additional value for the company· Wendy's role as global sponsor for the Glanbia Women's ERG and why Diversity and Inclusion is so important to her· Glanbia's investment globally in Research & Development· Wendy's time working in with major multinationals including Amazon, Johnson and Johnson, Procter and Gamble, and Kellogg's.· Adapting to Irish weather and culture, and why an encounter with a dead jellyfish made Wendy and her family realise that moving to Ireland was the right decision !
There has been A LOT of change at the convenient nutrition brand HUEL. But on the other hand, A LOT has stayed the same…which is maybe at the heart as to why HUEL has been so successful. But you might remember that almost exactly two years ago, I made my last piece of dedicated content about HUEL (https://youtu.be/UOiTExb1fk0). In that previous content, I was primarily focused on breaking down the predicted huge discussion that HUEL leadership was internally partaking in…about exit event optionality. Either HUEL would look to go through an IPO process, or it would opt to sell the business likely to a strategy buyer. And this is the same crossroads they are technically still at today. Just to update you on the financial picture at HUEL for fiscal year 2023, the CPG brand generated net revenues of about $233 million...which was a 28% YoY growth from the previous year. HUEL grew active customers by 22% YoY to over 900K and passed the 300 million (what they call “complete food”) meals mark sold in over 80 countries since inception. HUEL also increased its physical retail presence by 51% YoY, and their products are now offered in over 11K store locations. In the last year, HUEL has also expanded its product portfolio by launching its first ever non-protein supplement called HUEL Daily Greens and reimagining the energy drinks market with Huel Daily A-Z Vitamins. Both products are still a smaller part of HUEL's overall revenue, but they align with the product development innovation strategy that has made the company successful. In the functional CPG industry, most successful products do not arrive out of nowhere; they're remixes of existing ones. That's the essence of what the core HUEL “complete food” meal products are…flipping the historical messaging around meal replacements from this negative “restriction diet” focus into this positive, proactive convenient food focus. It seems so simple, but the skill of those like HUEL…who are winning in this category is nothing short of exceptional. According to recent interviews with HUEL leadership, the brand (with healthy margins and manageable sales growth) is in a position of being self-sufficient from funding. That being said, HUEL has long-term investors that would like to get a liquidity event soon. Moreover, HUEL leadership has ambitious long-term goals that could be accelerated with a major investment from a strategic buyer for majority share or a full M&A process…and similar could be said if they chose to go public through an IPO process. Which I guess brings us back full circle to the decision ahead...should HUEL IPO or get acquired by a large strategic buyer. I run through both paths in this content...plus provide my thoughts on two potential buyers: Unilever and Glanbia. FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN - https://www.linkedin.com/in/joshuaschallmba YOUTUBE - www.youtube.com/c/joshuaschall TWITTER - https://www.twitter.com/joshua_schall INSTAGRAM - https://www.instagram.com/joshua_schall FACEBOOK - https://www.facebook.com/jschallconsulting --- Support this podcast: https://podcasters.spotify.com/pod/show/joshua-schall/support
If there's one thing consistent about Glanbia each year, it's that the global nutrition group always makes at least one acquisition. Glanbia Performance Nutrition is one of two wholly-owned segments of Glanbia plc (LON:GLB), a multibillion-dollar global nutrition company. The brands in the Glanbia Performance Nutrition portfolio include; Optimum Nutrition, BSN, think!, Isopure, Amazing Grass, and SlimFast. I'll use the recent earnings report, earnings call, and associated news to update you on how Glanbia Nutritionals and Glanbia Performance Nutrition is performing against the complex operating environment. Glanbia Performance Nutrition had 2023 YTD revenue increased 2.7% YoY, but that was a sequential slowdown from the first six months in 2023. The brand portfolio continued to have strong pricing power in the market (with it being up 8.9%), but volume was down 6.2%. Additionally, I'll dive deeper into Glanbia Performance Nutrition geographical and product categorial performance (performance nutrition, healthy lifestyle, and weight management). BTW I'm thinking about the creation of a change.org petition for the Glanbia Performance Nutrition division name to be amended to The Optimum Nutrition Company. This one brand alone now accounts for 61% of the total GPN revenue. In the first nine months of 2023, Optimum Nutrition had 14.5% growth coming from both pricing and volume gains…and U.S. market retail consumption growth in tracked channels was 9.5% over the twelve-week period ending September 10, 2023. Finally, I talk through a collection of hot takes or things I'm left pondering about Glanbia at this current time. These include where the struggling legacy brand SlimFast sits inside of an evolving weight management category that has seen huge spikes in GLP-1 drugs (e.g. Ozempic, Wegovy, etc.), why Optimum Nutrition needs to grow its protein RTD beverage offering, and why Optimum Nutrition needs to go back to the drawing board with Amino Energy to win any share in the energy drinks market. FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN - https://www.linkedin.com/in/joshuaschallmba YOUTUBE - www.youtube.com/c/joshuaschall TWITTER - https://www.twitter.com/joshua_schall INSTAGRAM - https://www.instagram.com/joshua_schall FACEBOOK - https://www.facebook.com/jschallconsulting --- Support this podcast: https://podcasters.spotify.com/pod/show/joshua-schall/support
In the global market of the 21st century, more and more investors are looking overseas in order to find promising opportunities that might be unknown in their own countries. While there are many upsides to finding relatively untapped markets, this requires a comprehensive understanding of economic trends, regulatory frameworks, cultural nuances, and geopolitical factors that can impact investment outcomes. While all of these factors can seem intimidating for those looking to buy into foreign companies for the first time, it's not an impossible task by any means – after all, companies in every country exist for the same reason: to make money. This week on InvestED, a slightly worse for the wear Phil and Danielle dig into the process of researching a foreign company that was mentioned in previous weeks Whether you're looking to invest capital at home or abroad, these 6 Market Crushing Investing Principles can help give you an edge in your practice: https://bit.ly/45szJ2v Topics Discussed: Risks of horseback riding Researching and weighing potential risks of overseas investments Similarities between investing and dating Irish business practices EU vs US corporate disclosures Resources Discussed: Glanbia Exor Learn more about your ad choices. Visit megaphone.fm/adchoices
After a decade of consistent leadership coming to an end soon, will there be major changes ahead for the multibillion-dollar global nutrition company? Glanbia Performance Nutrition is one of two wholly-owned segments of Glanbia plc (LON:GLB), a multi-billion dollar global nutrition company. The brands in the Glanbia Performance Nutrition portfolio include; Optimum Nutrition, BSN, think!, Isopure, Amazing Grass, and SlimFast. I'll use the recent earnings report, earnings call, and associated news to update you on how Glanbia Nutritionals and Glanbia Performance Nutrition is performing against the complex operating environment. Glanbia Performance Nutrition had 2023 H1 revenue of $889 million, which increased 3.4% YoY, but that was a sequential slowdown from Q1. The brand portfolio continued to have strong pricing power in the market (with it being up 10.9%), but volume was down 7.5%. Additionally, I'll dive deeper into Glanbia Performance Nutrition geographical, product format, sales channel, and categorial performance (performance nutrition, healthy lifestyle, and weight management). BTW I'm thinking about the creation of a change.org petition for the Glanbia Performance Nutrition division name to be amended to The Optimum Nutrition Company. This one brand alone now accounts for 60% of the total GPN revenue. In the first half of 2023, Optimum Nutrition had 16.2% growth coming from both pricing and volume gains…and U.S. market consumption growth was 14.3%. Finally, I talk through what it could mean for Glanbia as longtime Group Managing Director, Siobhán Talbot, is retiring and current head of the Glanbia Performance Nutrition division, Hugh McGuire, will take over starting January 1, 2024. Is this a big deal? The short answer is yes! So, what does the next 3-5 years at Glanbia look like? Hugh himself stated the normal boiler plate CEO changeover stuff in statements, but I think Glanbia needs to utilize its strong financial position to make a transformative acquisition. I still think blood is in the water over at THG (aka The Hut Group and MyProtein). That large transaction could be accompanied by a spin off its Glanbia Performance Nutrition division into a standalone company with a dual listing in the United States and Ireland. That's the kind of legacy creating move that Hugh McGuire likely pitched to the board during the interview process…or at least be something living rent free in his head. FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN - https://www.linkedin.com/in/joshuaschallmba YOUTUBE - www.youtube.com/c/joshuaschall TWITTER - https://www.twitter.com/joshua_schall INSTAGRAM - https://www.instagram.com/joshua_schall FACEBOOK - https://www.facebook.com/jschallconsulting --- Support this podcast: https://podcasters.spotify.com/pod/show/joshua-schall/support
In this episode, we sit down with Glanbia to discuss their business decision to transition supply chain management responsibilities from an internal team to DHL Supply Chain. Hear how partnering with an experienced 3PL enabled them to maximize their supply chain value by increasing productivity, visibility and agility while simultaneously capitalizing on emerging growth opportunities. Special Guests: Robert Lindstrom- Director of Logistics, Glanbia Tom Kimball – Senior Director, Business Development, DHL Supply Chain
In this episode of The EY Podcast: CEO Outlook Series, Jim Bergin, CEO of Tirlán, tells host Richard Curran the story of his 30-year journey to the top of one of Ireland's best-known indigenous companies. Jim leads Tirlán during a very significant time for the company, with a recent restructuring from plc to cooperative, the creation of a new investment fund, and record farmgate prices.Coming from a farming family in Co Kilkenny, Jim Bergin has always understood the language of farmers, the pressures they face, and the values of the farming community. This knowledge has served him well throughout his lengthy career in the agri-food sector. He recently guided Glanbia Co-op as it transitioned to full control of the Glanbia Ireland dairy and grains business and it unveiled a new identity, ‘Tirlán'.As Ireland's largest farmer-owned food and nutrition business, Tirlán has a diverse portfolio of leading ingredients, consumer and agri brands, including Avonmore, Kilmeaden, Wexford, and GAIN Animal Nutrition. With a network of 11 high-tech processing facilities, 52 agri-retail branches, and over 11,000 members, the farmer-owned cooperative holds a very important position in the Irish economy. A recent Economic Impact Study by EY showed that Tirlán generated total economic activity of €5.5 billion in 2022. Moreover, it supports over 19,200 direct and indirect jobs spread throughout operations in 17 counties.They also discuss: How Jim's childhood as the only son of a small farmer still helps him to carry out his role successfully today. The differences and similarities between plc and cooperative company structures and his recent experience of changing Glanbia plc into Tirlán cooperative. The future of farming – reducing the national herd, incentivising increased biodiversity, and how new technologies will drive greater productivity. How Tirlán is adapting to cater for increasing demand for plant-based products. How Ireland can become less vulnerable to an unpredictable geo-political environment.
Welcome to our Unlocking Brand series, where our global brand experts host live case studies, deliver actionable insights, and answer key questions on the topics that matter to brand marketers today.In this episode, Martha Kavanagh, Director of Corporate Affairs, Glanbia, a better nutrition company headquartered in Ireland with 6,000+ employees globally and the home to brands including Optimum Nutrition, SlimFast and think!® Protein Bars, joins Sam Houle, Creative Director and Margaret Molloy, Global CMO, Siegel+Gale, for a conversation that explores how to revitalize a remaining brand after a split.
Glanbia is certainly making that cheddar…figuratively and literally, but which GPN brand has been cutting the cheese lately? Glanbia Performance Nutrition is one of two wholly-owned segments of Glanbia plc (LON:GLB), a multi-billion dollar global nutrition company. The brands in the Glanbia Performance Nutrition portfolio include; Optimum Nutrition, BSN, think!, Isopure, Amazing Grass, and SlimFast. I'll use the recent earnings report, earnings call, and associated news to update you on how Glanbia Nutritionals and Glanbia Performance Nutrition is performing against the complex operating environment. Glanbia Performance Nutrition had 2023 Q1 revenue growth of 4.6% YoY on a constant currency basis from strong pricing increases. Additionally, I'll dive deeper into Glanbia Performance Nutrition categorial performance (performance nutrition, healthy lifestyle, and weight management). BTW I'm thinking about the creation of a change.org petition for the Glanbia Performance Nutrition division name to be amended to The Optimum Nutrition Company. This one brand alone now accounts for 60% of the total GPN revenue. This quarter, Optimum Nutrition had 20.8% growth and even more impressive U.S. consumption growth of 36.1%. With these recent Optimum Nutrition growth numbers…I want to be one of the first to congratulate the performance nutrition brand on becoming the most recent categorical brand to reach $1 billion in annualized revenue. Finally, I talk through a recent Glanbia M&A transaction and what that could or should signal from my perspective. I know I've talked about this a year ago, but it feels like Glanbia is at a bit of a crossroads right now. Path number one…do nothing substantial from an outside perspective and just use excess liquidity to rebalance risk tolerance to increase marketing and/or product innovation. Path number two…add a large asset through M&A. I've thrown out two compelling ones lately…THG (aka Myprotein), but you'd need to divest the beauty segment. The other was the precision fermentation startup Perfect Day that would have all kinds of interesting future plays. Path number three…Glanbia should start the corporate communications around a spin off its Glanbia Performance Nutrition division into a standalone company with a dual listing in the United States and Ireland. Either way…Glanbia has certainly become an increasingly fun behemoth to watch, right? FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN - https://www.linkedin.com/in/joshuaschallmba TWITTER - https://www.twitter.com/joshua_schall INSTAGRAM - https://www.instagram.com/joshua_schall FACEBOOK - https://www.facebook.com/jschallconsulting --- Support this podcast: https://podcasters.spotify.com/pod/show/joshua-schall/support
On this episode of RNT Fitness Radio I'm joined by Dr Crionna Tobin, who's recognised as one of the highest profile sports nutritionists in Ireland. Crionna is head of science and education in Glanbia performance nutrition (GPN), the number one global performance nutrition brand portfolio including Optimum Nutrition. In her role she leads and champions the delivery of education programmes to support the positioning of GPN and portfolio of Brands, as global leaders in sports and active nutrition. A PhD graduate of Dublin City University in the area of exercise physiology and performance nutrition, and a registered performance nutritionist, Crionna is driven by a passion to educate and inspire everyone on the powerful role nutrition plays in enhancing all aspects of health and performance. Working in the sports nutrition industry for the last 10 years she has gained a wealth of experience working with and educating many high profile teams and International athletes. In this specific episode, we go into all things supplements. After mentioning in our private RNT group that I wanted to do an episode on supplements, I couldn't believe how many questions we received… so without further ado, let's dive into all things supplements! Support Akash & icanyoucantoo Justgiving Page Book A Call To Start Your Journey! Thanks so much for listening! If you like this episode, please subscribe to “RNT Fitness Radio” and rate and review wherever you get your podcasts: Apple Podcasts Stitcher iHeart Radio Spotify For any podcast suggestions, or if you'd like to get in touch, please do so on podcast@rntfitness.com here. We'd love to hear from you! I'm very excited and proud to announce we've developed a brand new partnership with one of the world's leading premium supplement brands, Optimum Nutrition, where they'll be helping support our RNT members, and listeners of this podcast, on their journey of health, fitness and total transformation. With the world's #1 best-selling protein powder in their range, and a growing plant-based range, you can now use the code RNT20 to get 20% off in their US and UK stores. My personal favourite are their plant-based protein bars. I've literally done a 180 on protein bars since discovering these, and these were a game changer during my recent long stints in Bali and the US! Resources: Are You Ready To Transform Scorecard Who Are You? Maxer, Buster or Seeker? Our Book: Transform Your Body, Transform Your Life Follow RNT Fitness: Website Facebook Instagram YouTube Email Follow Akash: Facebook Instagram LinkedIn
February 28, 2023: Recorded live in Dublin, Margaret Molloy is joined by Nicola O'Connell (Tirlán), Gillian Culhane (AerCap), Colin Westcott-Pitt (Glanbia Performance Nutrition), Caoimhe Donnelly (CIÉ Group), Niamh Bushnell (SoapBox Labs) and Stephen O'Kelly, (GUINNESS, Diageo) for Siegel+Gale's Future of Branding CMO Panel: International Women's Day 2023. The conversation explores brand building, inclusive storytelling and IWD as we strive to #EmbraceEquity.
Did Optimum Nutrition just join an ultra-exclusive club within the supplement industry? Glanbia Performance Nutrition had 2022 revenue growth of 13.9% YoY on a constant currency basis from strong pricing increases. They also benefitted from the mid-2021 acquisition of LevlUp, a gamer (esports) nutrition brand. Glanbia Performance Nutrition is one of two wholly-owned segments of Glanbia plc (LON:GLB), a multi-billion dollar global nutrition company. The brands in the Glanbia Performance Nutrition portfolio include; Optimum Nutrition, BSN, think!, Isopure, Amazing Grass, and SlimFast. I'll use the recent earnings report, earnings call, and associated news to update you on how Glanbia Nutritionals and Glanbia Performance Nutrition is performing against the complex operating environment. Additionally, I'll dive deeper into Glanbia Performance Nutrition categorial performance (performance nutrition, healthy lifestyle, weight management, and international). I also share a collection of hot takes or things I'm left pondering about Glanbia after hearing GPN strategic priorities going forward. This includes a larger long-term prediction about Optimum Nutrition, pondering acquisition targets like MyProtein and a precision fermentation startup like Perfect Day, and explanation around why the mismanagement of BSN is only getting worse by the day. FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN - https://www.linkedin.com/in/joshuaschallmba TWITTER - https://www.twitter.com/joshua_schall INSTAGRAM - https://www.instagram.com/joshua_schall FACEBOOK - https://www.facebook.com/jschallconsulting MEDIUM - https://www.medium.com/@joshuaschall
FoodBev Media's Siân Yates rounds up this week's food and beverage news, including: Danone pledges never to launch HFSS products for children; Glanbia proposes sale of mozzarella JV to Leprino Foods; SIG to construct aseptic carton pack plant in Ahmedabad, India; and more.
What does a "behind the scenes" multinational food producer, one who makes the ingredients in your favorite brands, think about what's driving consumers this year? Also check out... https://www.youtube.com/watch?v=0XGAMJsm6Tg https://www.nutritionletter.tufts.edu/healthy-eating/personalized-nutrition/
E15 The Fifth CourtIreland's Legal Podcast, presented by Mark Tottenham BL and Peter Leonard BL Three cases from the Decisis.ie casebook - the first regarding a contract and the fallout from Covid. The second, a dispute about contaminated molasses involving Glanbia. The third, an extradition case to Lithuania.The Big Interview is with Ted Harding SC, former editor of the Sunday Business Post who discusses media law including privacy cases, defamation cases, tribunals and he touches on the Anglo Irish Bank debacle.Ted has many recommendations for books useful or of interest to those practicing or perusing the law, including Servants of the Damned (David Enrich), the Stay Tuned podcast presented by Preet Bharara, Rather His Own Man, a book by Geoffrey Robertson, No Ordinary Man a book by Dominic Carman....and he also recommends having a look at the 2nd Report of the Moriarty Tribunal! Hosted on Acast. See acast.com/privacy for more information.
This episode features the multi-talented Dermot Murphy. Dermot is the Senior Social Strategist at Glanbia. Dermot talks about his career to date and how he has been part of most areas of digital marketing. He moves on to talk in great detail about paid social. Dermot wonderfully talks about the change in digital content in recent years and the current trend of learning more about what is going on behind the camera. We also talk about the influencer market and the emergence of micro-influencers. Dermot references several softwares and gives a wonderful overview of Sprinklr in particular. Lastly, we discuss Bereal and its emergence as a social media. This a brilliant episode for anyone looking to learn more about paid social channels and marketing to particular audiences.
Will revamping SlimFast and BSN be the answer to solving the struggles of both Glanbia Performance Nutrition brands? Glanbia Performance Nutrition had 2022 Q3 revenue growth of 13.7% YoY on a constant currency basis from strong pricing increases. They also benefitted from the mid-2021 acquisition of LevlUp, a gamer (esports) nutrition brand. Glanbia Performance Nutrition is one of two wholly-owned segments of Glanbia plc (LON:GLB), a multi-billion dollar global nutrition company. The brands in the Glanbia Performance Nutrition portfolio include; Optimum Nutrition, BSN, think!, Isopure, Amazing Grass, and SlimFast. I'll use the recent earnings report, earnings call, and associated news to update you on how Glanbia Nutritionals and Glanbia Performance Nutrition is performing against the complex operating environment. Additionally, I'll dive deeper into Glanbia Performance Nutrition categorial performance (performance nutrition, healthy lifestyle, weight management, and international). Finally, I share a collection of hot takes or things I'm left pondering about Glanbia at this current time, which includes the Slim Fast brand overhaul, BSN getting back into bodybuilding, and why your sports nutrition brand shouldn't follow the leader during this current recessionary period. FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN - https://www.linkedin.com/in/joshuaschallmba TWITTER - https://www.twitter.com/joshua_schall INSTAGRAM - https://www.instagram.com/joshua_schall FACEBOOK - https://www.facebook.com/jschallconsulting MEDIUM - https://www.medium.com/@joshuaschall
In this episode of The EY CFO Outlook Podcast, TJ Kelly, Group CFO of Origin Enterprises, tells host Vincent Wall the remarkable story of a career spent in the finance function of some of the world's most iconic companies. He shares the lessons he has learned along the way, from people management and investor relations, to strategic international expansion and building a brand.Growing up in the family business in Co Kilkenny, TJ Kelly learned the basics of commerce from a very young age. His favourite subjects in school were Business and Accounting and he went on to train as a chartered account immediately after completing the Leaving Cert. So began a career in finance that has spanned some of the best-known and most successful companies in Ireland and the US, including General Electric (GE), Microsoft, Glanbia and Hostelworld. With each role, TJ learned an invaluable lesson – from Treasury management and raising equity during highly turbulent times, to effective communication with investors and the power of branding. Each string added to his bow led Kelly closer to the senior role he holds today, as Group CFO and Executive Director of Origin Enterprises. Having spent many years in senior roles with Glanbia, joining Origin - another big player in the Agri sector - felt “like putting on an old pair of shoes”. Despite having a deep familiarity with the sector, it is one in a state of flux, and Kelly's key priorities now centre on the sustainable use of land, yield optimisation, ensuring security of global food supply, and playing a key role in emerging Nature Economy.TJ and Vincent also discuss:· Working in Microsoft at a time of incredible innovation, including the launch of the Xbox and Windows XP· GE's Jack Welch and his infamous people management style · The future of Farming and driving innovation in the sector. · How he maintains contact and communication with the finance teams across the whole group· The experience of trying to raise capital for Hostelworld during Covid-related lockdowns· The leaders he most admires.
We the discuss the opening of the ACRES scheme for 30,000 farmers and ask will next month's deadline be too soon for stretched farm advisers. The Organic Farming Scheme (OFS) is also open and we look at potential interest. We also talk about fertiliser, trade for dairy heifers, Teagasc's sustainability report and Glanbia's case against its molasses provider.
Leading multinationals and public service bodies are the most attractive employers for professionals working in Ireland, according to research published today by leading employer branding specialists, Universum, part of IrishJobs. The Most Attractive Employers Index Ireland 2022, which was conducted among 10,400+ professionals in Ireland across Business/Economics, IT, Engineering, Natural Sciences, Humanities, Law and Medicine, reveals that top multinationals in the technology and pharmaceutical sectors along with well-established semi-states and public sector organisations are the most desired employers for professionals across Ireland. Most Desired Employers Tech giant Google has maintained its 1st place ranking among Business/Economics professionals this year, while also coming 2nd place among IT professionals, down one place on last year, and 5th place among Engineering professionals. Apple and Microsoft also feature in the top 10 among IT, Engineering and Business/Economics professionals, while Pfizer has come in 1st place among both Engineering and Natural Sciences professionals, the same place it held last year, followed by Intel and Glanbia in 2nd place, respectively. Meanwhile, semi-state and public bodies have also performed strongly throughout this year's Index, with the Civil Service and Health Service Executive featuring in the top twenty most attractive employers among all professional disciplines. New entrant An Post has also performed well, coming in 7th place among Business/Economics professionals and 9th place among IT professionals. Companies which enjoyed the greatest rise in popularity in 2022 compared to 2021 include Laya Healthcare and Oracle, with Laya rising 45 places among those working or pursuing a career in IT and Oracle rising 48 places among those working or pursuing a career in Natural Sciences. Meanwhile, Dell Technologies enjoyed the greatest gains among Business/Economics professionals (up by 24 places), with Activision Blizzard rising by 34 places among Engineering professionals. Employer Attributes According to the research, competitive base salary, work-life balance and flexible work conditions are the top three attributes that professionals look for in an employer, with secure employment and a friendly work environment coming in 4th and 5th place, respectively. Attributes that are increasing in importance include high future earnings, up eight places on last year, while competitive benefits and embracing new technologies are both up by five places. These preferences change somewhat when broken down by gender and generation, with women valuing work-life balance above all else, followed by flexible working conditions and competitive base salary. Men give more weight to finances and security, with competitive base salary coming in 1st place, followed by encouraging work-life balance and secure employment. Meanwhile, differences have also emerged between the generations, with Gen Z displaying the most difference in comparison to Millennials and Gen X, both of which align on their top four employer attributes: competitive base salary, work-life balance, flexible working conditions and secure employment in 1st, 2nd, 3rd and 4th place respectively. Conversely, Gen Z has cited a preference for a friendly work environment in 1st place, followed by secure employment, encouraging work-life balance and a clear path for advancement. Pay Gap In terms of the gender gap on current annual salary, the research reveals a gap of 16% between women and men, with men on an average of €54,347 per annum and women on an average of €45,760 per annum. This pay gap is highest among IT professionals, with men on an average of €62,874 and women on an average of €50,839 – a gap of €12,035. Remote Working As flexible working becomes more ingrained in work practices across the country, there is evidence of a growing conflict within employees when it comes to the benefits of new ways of working, with reduced fears aroun...
Lizanne Falsetto is the Founder and CEO of Betterland Foods. Years before she became a world-renowned CEO, Lizanne Falsetto began her entrepreneurial journey at her kitchen table, inspired both by a family recipe and desire to solve a personal problem. On that table, the original thinkThin bar was created: a revolutionary bar that would become one of the most sought-after health foods on the market. Lizanne is a prescient food pioneer and protein expert who understood the benefits of a high-protein, low-sugar lifestyle 20 years before the widespread adoption of the ketogenic diet. As thinkThin scaled to reach a global audience, Lizanne became the first in the industry to stamp “gluten-free” on product packaging, ultimately paving the way for an entirely new retail category on store shelves: the nutrition bar. Lizanne's original instinct for a clear market opportunity in health food evolved into a 20-year tenure as CEO of one of the fastest-growing health food brands in history. thinkThin was acquired by Glanbia in late 2015. Lizanne founded Betterland Foods on the vision of a kinder, more sustainable food system. She and her team are committed to innovating in several categories to deliver the next evolution of accessible, clean, and protein-rich products that deliver superior taste and health while treading gently on our planet, creating a better food future for all. Lizanne is also an active member of the Young Presidents' Organization (YPO), a board member of the Global Health & Wellness Network, Mayo Clinic Champion, host of the Vitality podcast, and the 2021/2022 Chapter Chair of the Pacific Coast Gold Chapter. This Episode is Sponsored By: With Masterclass, you can learn from the world's best minds, anytime, anywhere, at your own pace. You can learn a science-based approach to the art of persuasion selling and motivating yourself from Daniel Pink, or improve your negotiation skills from Chris Voss, or you can learn how to be a disruptive entrepreneur from Richard Branson. With over 150 classes from a range of world class instructors, that thing you've always wanted to do is closer than you think. As a listener to this podcast, you can get 15% off in annual membership, go to: millionaire-interviews.com/masterclass Great leaders don't do anything alone. Find the support you need to delegate those details with Belay. Belay has been helping business leaders with staffing solutions for over a decade. And you can find that out by checking out Episode 84 of our podcast where Austin interviewed the founder of Belay, Bryan Miles. Belay is offering an exclusive VIP offer to all of our podcast listeners, so just text STORY to 55123 to claim your VIP offer. Shopify is the all-in-one commerce platform to start, run, and grow your business. Shopify gives entrepreneurs the resources once reserved for big business so upstart, startups, and established businesses alike can sell everywhere, synchronize online and in-person sales, and effortlessly stay informed. Go to: millionaire-interviews.com/shopify to start your free trial and get full access to Shopify's entire suite of features. First impressions are everything, so if you're looking to make an impact with your online content, you need Issuu, the easiest way to make your creative ideas come to life and share everywhere you want to be seen. Issuu is the best platform to create and distribute beautiful digital content from marketing materials to magazines, to flipbooks and brochures, and more. Get started with Issuu today for free, or if you sign up for premium account, you'll get 50% off when you go to millionaire-interview.com/issuu and use promo code millionaire at checkout. Anthony in Ireland became a Patreon member not only to get access to more Patreon content but also to pay it forward and help the Podcast grow. Become a Patreon member now and gain access to more informative business content, sign up today at: millionaire-interviews.com/patreon Want to Support the Show? Well we'd love for you to join our Patreon Group! What's in it for you? Well you'll instantly get a scheduled call from Austin, where he'll help you with your current or future business... Sign-Up Now at millionaire-interviews.com/patreon.
The Innovation Exchange, a programme that accelerates digital transformation for large multinational businesses (MNCs) by connecting them with indigenous Irish SMEs, is calling on innovative technology scale-ups to join the programme and collaborate with MNCs to help address their challenges. Created by Furthr (formerly Dublin BIC) in partnership with Skillnet Ireland, the programme has announced additional funding to meet higher-than-expected demand. The new funding comes following a successful initial phase which enabled collaboration between 200 SMEs with some of Ireland's leading corporations including Musgrave, Heineken, Ryanair, Glanbia, ESB and AXA. At ‘Innovating for the Future', an event held today to report its first six-month performance, The Innovation Exchange announced that it is to open its doors to an additional 100 digital transformation solutions providers to meet increasing demand from industry. Discussing the programmes expansion at today's event, Minister of State for Skills and Further Education, Niall Collins T.D. said: “I'm delighted to see The Innovation Exchange open its doors to a further 100 SMEs in 2022. With over 25 innovation challenges being published by some of Ireland's leading multinationals this year alone, it offers ambitious tech SMEs great opportunities for growth.” Conor Carmody, Programme Director, The Innovation Exchange, said: “The Innovation Exchange has had a strong start and the calibre of both corporates and SMEs participating has been very high. We are delighted to open applications for new technology SMEs to join the programme. We're not only looking for tried and tested digital transformation solutions, but also for the ability to collaborate with large businesses who want to put their stamp on the end solution. If you're a growing, solutions-focused SME then we would urge you to join The Innovation Exchange at a time when there are so many corporate challenges on the table.” Mark Jordan, Chief Strategy Officer, Skillnet Ireland, said: “The Innovation Exchange has made great strides in its first six months, supporting the success of both large multinationals and indigenous SMEs. We are pleased to announce today's expansion of the programme. The potential benefits to scaling companies extend way beyond signing a contract. By building the right capabilities, these firms are accessing a qualified sales pipeline and getting face time with prospective customers. I strongly encourage indigenous SMEs to consider the programme for a great opportunity to collaborate with leading multinational corporations.” Launched in February 2022, The Innovation Exchange has had a number of successful outcomes to date, including 20 SMEs that have moved to a deeper engagement with a corporate partner, with one company announcing that it has signed a paid pilot. Several other SMEs are in proof-of-concept discussions with a view to establishing a longer-term collaboration. More than 30 innovation challenges are expected to be published by large corporates for participating SMEs in 2022. The paid pilot involves Exertis, an IT services company of DCC, and The Éclair Group (now Digital Workforce), a technology scale-up that is developing innovative solutions in robotics process automation. Exertis published an innovation challenge via The Innovation Exchange in May and The Eclair Group responded proposing a solution. Following a pitch and a proof-of-concept phase, a deal was agreed to enter a paid pilot. The Innovation Exchange offers participants a range of benefits including: A qualified sales pipeline and getting face time with prospective customers. — Opportunity to pitch your solution to prospective customers. — Gaining insights into markets and companies which helps SMEs pitch their solution more successfully. — Tailor-made training designed to improve performance of SME members when selling to large corporates. — One-to-one mentoring to companies around preparing proposals, pitching to corporates...
Comhchoiste um Choimirce Shóisialach 7rl tabhairt cuairt ar Oileán Béara amáireach. Níl Marc Ó Cathasaigh sásta leis an ainm Tirlán atá in úsáid anois ag an gcomhlucht Glanbia. Botún sa litriú,agus nasc nach bhfuil oiriúnach le meon an chiníochais.
Is Glanbia the bellwether for the supplement industry or will things change in the second half of 2022? Glanbia Performance Nutrition had 2022 H1 revenue growth of 14.9% YoY on a constant currency basis from strong pricing increases. They also benefitted from the mid-2021 acquisition of LevlUp, a gamer (esports) nutrition brand. Glanbia Performance Nutrition is one of two wholly-owned segments of Glanbia plc (LON:GLB), a multi-billion dollar global nutrition company. The brands in the Glanbia Performance Nutrition portfolio include; Optimum Nutrition, BSN, think!, Isopure, Amazing Grass, and SlimFast. I'll use the recent earnings report, earnings call, and associated news to update you on how Glanbia Nutritionals and Glanbia Performance Nutrition is performing against the complex operating environment. Additionally, I'll dive deeper into Glanbia Performance Nutrition sales channel, product format, and categorial performance (performance nutrition, healthy lifestyle, weight management, and international). Finally, I share a collection of hot takes or things I'm left pondering about Glanbia at this current time, which includes the Slim Fast overhaul, Glanbia Performance Nutrition outlook that might give hints to the entire supplement (and sports nutrition) industry, and why more activist investor noise might be ahead for Glanbia. FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN - https://www.linkedin.com/in/joshuaschallmba TWITTER - https://www.twitter.com/joshua_schall INSTAGRAM - https://www.instagram.com/joshua_schall FACEBOOK - https://www.facebook.com/jschallconsulting MEDIUM - https://www.medium.com/@joshuaschall
Iompóigh an Taoiseach Leo Varadkar an fód ar mhonarcha cáise Glanbia amáireach. Infheistíocht 140 milliún euro atá i gceist leis seo agus beidh 80 duine fostaithe ann.
Brian Budhlaeir; Costas lóistín méadaithe go mór.Mártan Ó Ciardha;An t-iriseoir Tom O Riordan taréis bháis.Dónal Ó h-Ainiféin;'An Púca' Pauline Scanlon;Tréimhse cónaitheach san Ionad Cultúrtha i mBaile Bhúirne.Seán Ó Lionáird;Monarcha nua Glanbia.
This week on Advancing ALL Women, we're discussing 'Celebrating Juneteenth' with guests Karen Jones, Vice President, Learning and Partner Solutions, NextUp; Tasman Allen, Director of Sales Operations and Co-Chair of Black BRG, Kraft Heinz; and Maureen Gibbons, Vice President Diversity, Equity and Inclusion, Glanbia. We'll discuss the history of the holiday, as well as best practices for companies working to recognize the day and commemorate it with their teams.
This week on Advancing ALL Women, we're discussing 'Celebrating Juneteenth' with guests Karen Jones, Vice President, Learning and Partner Solutions, NextUp; Tasman Allen, Director of Sales Operations and Co-Chair of Black BRG, Kraft Heinz; and Maureen Gibbons, Vice President Diversity, Equity and Inclusion, Glanbia. We'll discuss the history of the holiday, as well as best practices for companies working to recognize the day and commemorate it with their teams.
Glanbia had one of the best quarters of growth in recent history, so why isn't everyone celebrating it? Glanbia Performance Nutrition had 2022 Q1 revenue growth of 15.7% YoY on a constant currency basis from strong pricing and volume increases. They also benefitted 1% from the mid-2021 acquisition of LevlUp, a gamer (esports) nutrition brand. Glanbia Performance Nutrition is one of two wholly-owned segments of Glanbia plc (LON:GLB), a multi-billion dollar global nutrition company. The brands in the Glanbia Performance Nutrition portfolio include; Optimum Nutrition, BSN, think!, Isopure, Amazing Grass, and Slim Fast. I'll use the recent earnings report, earnings call, and associated news to update you on how Glanbia Nutritionals and Glanbia Performance Nutrition is performing against the complex operating environment. Additionally, I'll dive deeper into Glanbia Performance Nutrition categorial performance (performance nutrition, healthy lifestyle, weight management, and international). Next, I'll share why I think Glanbia is set-up for massive M&A activity. Finally, I give my hot take on why activist investors are starting to target the global nutrition company and if I think Glanbia should spin-off Glanbia Performance Nutrition. Should Glanbia Consider Selling BSN? - https://youtu.be/uTWxEWotvdQ FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN - https://www.linkedin.com/in/joshuaschallmba TWITTER - https://www.twitter.com/joshua_schall INSTAGRAM - https://www.instagram.com/joshua_schall FACEBOOK - https://www.facebook.com/jschallconsulting MEDIUM - https://www.medium.com/@joshuaschall
Andy Piece, Group Strategy Director. Andy leads the Strategy Practice in Core, and has done so since its inception in 2015. In that time he has worked on brand and marketing strategy projects for a wide variety of businesses, both large and small. Examples include The National Lottery, Three, The Irish Stock Exchange, The National Broadband Plan, Heineken, Life Style Sports, and AIB among others. He has also delivered award winning insight and brand planning work with The Road Safety Authority, Aer Lingus, Three, Ulster Bank and O2. Andy has over 15 years' experience working in marketing, in a diverse range of functions and agencies. He began his career in Research, before moving into advertising. He spent eight years working across three main functions; Media Buying, Media Planning, and Client Service. Andy joined Core in 2012 and prior to setting up the Strategy Practice in 2015, he spent three years as Head of Planning. His experience consists of some of the best known brands in Ireland, including; Unilever, Diageo, P&G, Aviva, Eircom, BMW, Glanbia, Bord Gais and Supervalu. Outside of client work he is a regular contributor to and speaker at industry fora and events and is the outgoing Secretary of the Marketing Society of Ireland. He has been a member of its executive committee since 2015. He has also lead several studies into Millennials in Ireland, the over 55's, the Future of Money, and lead a trended analysis of brand health and image for the largest one hundred brands in Ireland across 2017 and 2018. More recently he has lead the development of Core's Covid Strategic Planning framework. Andy is a firm believer in the ability of marketing and advertising investment to deliver real and measurable results through creative thinking – and places huge emphasis on delivering the proof. He has two young children, and is a passionate rugby fan with a keen interest in current affairs, politics and history. He holds a BA & MA in History from TCD. Andy's Reading Recommendations: Byron Sharp – how brands grow; https://www.amazon.co.uk/How-Brands-Grow-What-Marketers/dp/0195573560 Jenni Romaniuk – Building distinctive assets https://www.amazon.co.uk/Building-Distinctive-Brand-Assets-Romaniuk/dp/0190311509/ref=sr11?dchild=1&keywords=jenni+romaniuk&qid=1598972960&s=books&sr=1-1 Orlando Wood – Lemon https://www.amazon.co.uk/Lemon-advertising-brain-turned-sour/dp/0852941471/ref=sr11?crid=3BOBDRB9NDXXK&dchild=1&keywords=lemon+orlando+wood&qid=1598972996&s=books&sprefix=lemon+or%2Cstripbooks%2C144&sr=1-1 Adam Morgan – Beautiful Constraint. https://www.amazon.co.uk/Beautiful-Constraint-Transform-Limitations-Advantages/dp/1118899016/ref=sr11?dchild=1&keywords=beautiful+constraint&qid=1598972980&s=books&sr=1-1 Field and Binet – The Long and Short of It https://www.amazon.co.uk/Long-Short-Balancing-Long-Term-Strategies/dp/085294134X/ref=pdlpo14t2/259-3964304-4319716?encoding=UTF8&pdrdi=085294134X&pdrdr=ef51e0d1-5727-4817-8ba1-5f008bac03ef&pdrdw=aEZhW&pdrdwg=3uB3v&pfrdp=7b8e3b03-1439-4489-abd4-4a138cf4eca6&pfrd_r=DEJDWQQ7TVQWVGZTXZGJ&psc=1&refRID=DEJDWQQ7TVQWVGZTXZGJ Rory Sutherland https://www.amazon.co.uk/Alchemy-Surprising-Power-Ideas-Sense/dp/0753556502/ref=sr11?crid=3NXQDK1X6G2HQ&dchild=1&keywords=rory+sutherland&qid=1598973061&s=books&sprefix=rory+suther%2Cstripbooks%2C149&sr=1-1 Mark Ritson https://www.marketingweek.com/mark-ritson/ WARC https://warc.com/ Blog – the adcotnrarian http://adcontrarian.blogspot.com/
Can we officially say now that Glanbia Performance Nutrition is back on track after a few hiccup years? Glanbia Performance Nutrition had 2021 full-year revenue of $1.44 billion, which increased 17.1% YoY on a constant currency basis from both strong pricing and volume increases. They also benefitted 1.2% from the mid-year acquisition of LevlUp, a gamer (esports) nutrition brand. Glanbia Performance Nutrition is one of two wholly-owned segments of Glanbia plc (LON:GLB), a multi-billion dollar global nutrition company. The brands in the Glanbia Performance Nutrition portfolio include; Optimum Nutrition, BSN, Think!, Isopure, Amazing Grass, and Slim Fast. I'll use the recent earnings report, earnings call, and associated news to update you on how the Glanbia Performance Nutrition portfolio is performing against the complex operating environment. Additionally, I'll dive deeper into the Optimum Nutrition (which grew 35% YoY globally in 2021) and Slim Fast brands, provide an update on the Glanbia Performance Nutrition strategic transformation project, and explain how Glanbia will likely make additional "bolt on" acquisitions within both divisions in 2022. FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN - https://www.linkedin.com/in/joshuaschallmba TWITTER - https://www.twitter.com/joshua_schall INSTAGRAM - https://www.instagram.com/joshua_schall FACEBOOK - https://www.facebook.com/jschallconsulting MEDIUM - https://www.medium.com/@joshuaschall
Welcome to the 10th month of 2021! What a Year! This month, we highlight individuals and organizations, doing phenomenal work in the mentoring space. Mentoring is the influence, guidance, or direction given by a mentor - in organizations or in your personal life! Mentors are a part of our success and in many cases are the reasons for our success! So, our theme for October is "Mentoring to Influence Positive Change", offers the platform to share and highlight the positive impact of mentoring in our lives and careers. Let's give our mentors a BIG SHOUT OUT, this month! Today, we REMIX a previous interview with Wendy Davidson, President - Americas - Glanbia Performance Nutrition, is the perfect "grounding" to provide CONTEXT for mentoring guidance, today. Wendy is a phenomenal leader who has led organizations of all sizes and industries through a myriad of disruptions, and the organizations and leaders she's led and mentored, have come out on the "other side", stronger, better and more profitable! Her wisdom and forward-thinking will anchor your thinking and perspectives for more proactive and solid moves to weather "disruptions" and prepare for NEXT...BECAUSE NEXT IS COMING! Listen, ponder and take action! --- Send in a voice message: https://anchor.fm/dr-l-d-bennett1/message
"May...Celebration 6" Month - this month marks a wonderful milestone for CommonSense Leadership Influencer Podcast! We are proud to celebrate 6 months of consistent "podcasting with purpose”! We are so honored to have brought to you, the wisdom, practical experience, and innovative perspectives of our 35 phenomenal thought-leaders. Their unique perspectives, provocative insights, and pure inspiration have been a gift! May is Officially "Celebration 6"! The number 6 represents balance and outward focus! So, it is in that spirit that we REMIX four podcasts selected to usher you into spring, and our collective new beginning, as we embrace positive light coming out of the pandemic! Our guest, Ms. Wendy Davidson, President - Americas - Glanbia Performance Nutrition (GPN), shares her exciting leadership journey forged from a lifelong passion of intellectual curiosity and a laser focused drive to "build things". Wendy's career is remarkable, exhilarating and consistent...which is her brand. I have had the honor of knowing her for several years and am constantly amazed at her courage and fearlessness to take on a challenge and to "speak truth to power". Wendy "calls it like she sees it", as a way to begin the ideation process and to make you think! She has a "Midas touch" that makes individuals, teams and businesses BETTER...despite disruptions! Listen, as she outlines a strategic collaboration roadmap to navigate any individual, team or business through disruption. Her "pandemic perspective" is refreshing and inspiring. ...and she has "mad storytelling skills"! --- Send in a voice message: https://anchor.fm/dr-l-d-bennett1/message