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Wed 01 Jan 2011Strong dairy markets boost Glanbia

Food group Glanbia today predicted a strong performance for 2010, and said it would acquire US performance nutrition firm Bio-Engineered Supplements and Nutrition (BSN) for €108 million.

In a pre-close trading statement, the company, which is due to announce its full results on March 2nd, said it expected 20 per cent growth in adjusted earnings per share for the year ended January 1st 2011.

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