New Glanbia CEO Announcement | Major Changes Ahead? | Glanbia 2023 H1 Update скачать в хорошем качестве

New Glanbia CEO Announcement | Major Changes Ahead? | Glanbia 2023 H1 Update

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. I AM NOT A FINANCIAL ANALYST OR ADVISOR AND NOTHING IN THIS VIDEO SHOULD BE USED TO MAKE INVESTING DECISIONS. I AM JUST SHARING MY OPINIONS ON A VALUED PART OF THE CPG ECOSYSTEM THAT I AM PASSIONATE ABOUT. IF INACCURACIES WERE SAID IT WAS AN HONEST MISTAKE AND NOT MALICIOUS OR TO GIVE NEGATIVE INTENT. Glanbia 2023 H1 Earnings Report - https://www.glanbia.com/investors​​ #glanbia​​ #supplements​​ #protein I appreciate each and every one of you that took even a moment of your time to watch this video. I know your time and attention are your biggest assets and I hope you got adequate value in return from this content. Thank you from the bottom of my heart! ✅ CHECK OUT THE PODCAST ON THE FOLLOWING PLATFORMS: 🍎Apple: https://apple.co/3aPKOOJ 👽Spotify: https://spoti.fi/38N9nur 🔍 Google: https://bit.ly/2vgVTcy ⚓Anchor: https://anchor.fm/joshua-schall FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS ►LINKEDIN   / joshuaschallmba   ►TWITTER   / joshua_schall   ►INSTAGRAM   / joshua_schall   ►FACEBOOK   / jschallconsulting   ►MEDIUM   / joshua-schall   About Joshua Schall of J. Schall Consulting: Joshua is consumer packaged goods (CPG) Strategist and Entrepreneur that focuses on the product categories of value-added (or functional) food, beverage, beauty, and nutritional supplements. He was an early advocate for digital grocery optimization and is an expert at the entrepreneurial ideation to consumerization cycle. Recently, he has shifted that decade of knowledge into early-stage investments, board membership, and public speaking engagements. His YouTube channel is a walk through his daily life and a peek into his business musings. Enjoy a look into his life through the lens! ►EMAIL josh@jschallconsulting.com