Glanbia raises its earnings forecast and announces incoming CEO 

Glanbia overall earnings rose almost 6% to just under $200m, driven by price increases across its performance nutrition arm which offset volume declines by the SlimFast weight management drink brands.

Siobhán Talbot announced she will retire from her role as managing director of nutrition giant Glanbia after a decade at the helm.

The company announced Ms Talbot will be replaced by Hugh McGuire, the current CEO of the Glanbia Performance Nutrition division, who has been with the company for 20 years.