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Glanbia satisfied with 2004 despite fall in operating profits

02/03/2005 - 08:11:04
The food firm Glanbia has expressed satisfaction with its financial performance for 2004, despite a 5.6% fall in its operating profits.

The company said today that it made €83.5m last year, down from €88.5m in 2003. It blamed the fall in profits on a sharp downturn in fresh pork business.

It said overall performance was satisfactory and in line with expectations.

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