Global nutrition group Glanbia said its revenues grew by 8.4% – on a constant currency basis – in the three months to the end of March.
In a trading update issued ahead of its AGM, Glanbia said its Nutritionals business was the main driver of revenue growth with a good performance in particular from the Nutritional Solutions business.
It said that revenue growth in its Performance Nutrition division came on the back of a strong performance from the recently acquired SlimFast brand.
"Our strategy remains on track and we reiterate our full year guidance of 5% to 8% growth in adjusted earnings per share, constant currency, in 2019, with growth to be delivered in the second half of the year," the company's Group Managing Director Siobhán Talbot said.
During the third quarter, Glanbia bought US firm Watson for $89m in cash.
The non-dairy ingredient solutions business is a complementary acquisition for the group and is now is part of the Nutritional Solutions business within Glanbia Nutritionals.