Domestic minnow Air One has offered just one euro cent
per share, the source said yesterday.
The cost of achieving the European targets (22% of electricity consumption based on renewables by 2010) would rise from Euro cent
2.5 to 4/kWh for a green certificate.
Analysts welcomed the figures, noting that pre-goodwill EPS at 82.6 euro cents
was around a euro cent
ahead of expectations.
That helped earnings per share to rise by just over one euro cent
, and the board's recommended final dividend added up to a total for the year of 52 cents.
According to the economist, the new production facility, once launched, will likely drive prices across the Baltics up by one or two euro cents
For 2019, Glanbia now sees adjusted earnings per share between 88 euro cents
and 92 cents.