Glanbia plc (GLB.L), a dietary supplement company, Wednesday posted profit before tax of $392.4 million for the full year, higher than $237.4 million a year ago.
Excluding special items, profit before tax increased to $344.6 million from $281.1 million last year.
Profit after tax from continuing operations rose to $347.7 million or 130.41c per share from $210.3 million or 76.55c per share a year ago.
Adjusted profit after tax from continuing operations was $298.1 million or 131.37c per share, up from $248 million or 109.57c per share in the previous year.
Revenue from continuing operations decreased by 8.7 percent to $5.425 billion from $5.944 billion last year, primarily driven by dairy pricing.
Looking ahead, Glanbia expects adjusted EPS to grow in the range of 5 percent to 8 percent at constant currency in fiscal 2024.
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