Strong Health & Nutrition Performance
Health & Nutrition division delivered a like-for-like revenue growth of 6.5% with volume growth of 6.9%, and EBITDA growth of 35.9%, driven by demand in vitamins, minerals, and supplements.
Dairy Nutrition Growth
Dairy Nutrition saw a like-for-like revenue growth of 14.1% with volume and pricing increases, benefiting from favorable dairy markets and strong whey protein demand.
Shareholder Returns
Raised interim dividend by 10% and returned approximately $63 million to shareholders via share buyback programs.
Strategic Progress
Announced acquisition of Sweetmix in Brazil and completed the sale agreement for Body & Fit, aligning with strategic goals and expected to boost margins.
Upgraded Earnings Guidance
Full-year adjusted earnings per share guidance upgraded to $1.30 to $1.33, representing a decline of approximately 5% to 7% constant currency.