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Glanbia stock market valuation drops by almost €3bn in a year

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Glanbia shares traded as low as €7.95

Glanbia shares traded as low as €7.95

Glanbia shares traded as low as €7.95

A dramatic slump in Glanbia's share price has seen the valuation of the company fall by almost €3 billion in the last year to €2.4 billion.

Yesterday, Glanbia shares traded as low as €7.95. on the back of the impact of Covid-19 and the poor performance of its performance nutrition division in recent months.

The valuation of the company has fallen by 53pc since March of last year, when shares peaked at over €18.


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