Analysts agreed Irish dairy and consumer food manufacturer Glanbia was "out of intensive care" as it reported a 24% rise in pre-tax profit for 2001 this week. Liam Igo of Goodbodies said: "These results were ahead of expectations, and suggest it is on the road to recovery." The group said it saw a "satisfactory" increase in sales during the year to December 29, particularly in dairy food ingredients, Irish consumer foods and its UK cheese operations. But the UK sliced meats and foodservice businesses had a disappointing 12 months. Pre-tax profit before exceptionals was 166.6m on turnover of 12.63bn. {{NEWS }}