February 21, 2018 / 7:45 AM / 6 months ago

Glanbia earnings per share up 10 pct in 2017, growth to slow in 2018

DUBLIN, Feb 21 (Reuters) - Glanbia:

* FY adjusted eps up 10.2%, constant currency; wholly owned revenue up 9.2%, constant currency

* says 2018 outlook positive, expects to deliver 5% to 8% growth in pro-forma1 adjusted EPS (constant currency)

* sees growth to be delivered in H2 as comparative dairy dynamics and planned investments will adversely affect h1 performance

* FY reported profit after tax €329.4 million, up €117.3 y/y

* wholly owned revenue from continuing operations €2,387.1 million up 9.2% on prior year, constant currency (Reporting by Conor Humphries)

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