PicAGlanbia’s full year results for 2011 have proven a source of enormous satisfaction to Group Managing Director John Moloney, with growth of almost 27 per cent secured on adjusted earnings per share.

The group’s revenues in 2011 increased by 26.7 per cent to €2.7 billion, while Strategic Joint Ventures and Associates profit after tax increased by 45.5 per cent to €14.7 million.