SlimFast: Glanbia to sell struggling SlimFast brand as it looks to cut costs by $50m

Glanbia has confirmed it plans to offload the brand SlimFast as it looks to cut costs by at least $50m by 2027. The group said revenue in 2024 was $3.8bn, up 5.8% on a pro form and constant currency basis. Profits increased to $310m, from $298m and the group earnings margin (EBITDA ) increased to [...]