Glanbia weighs impact of reciprocal tariffs on investment decisions

Shares in Irish group jump 14pc amid better than anticipated results

McLaren driver Oscar Piastri with an Optimum Nutrition drink. The Glanbia product is a sponsor of the McLaren Formula One racing team

The tariffs imposed by President Donald Trump, and reciprocal taxes imposed by other countries on imports from the US, are prompting Glanbia to carefully assess its future capital allocation, according to chief financial officer Mark Garvey.

The company – which has operations across the world, including in North America, Latin America, Europe, India and China – is a leading performance-nutrition business with a health and nutrition division that offers ingredient and flavour solutions to customers.

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