Applied Nutrition lifts annual revenue guidance following strong half

(Alliance News) - Applied Nutrition PLC on Tuesday raised its revenue forecast for its current financial year above market expectations, citing a strong first-half performance.

The Merseyside, England-based wellness brand now sees revenue for the financial year ending July 31 of around GBP140 million, above market consensus of GBP133.5 million. Revenue will be up 31% from GBP107.1 million in financial 2025, when it was in turn up 24% from GBP86.2 million in financial 2024.

The upward revision follows a "very strong performance" in the six months that ended January 31, for which Applied Nutrition said it generated revenue of GBP74.5 million, up 57% from GBP47.6 million a year before.

Applied Nutrition also said earning before interest, tax, depreciation and amortisation were ahead of management expectations in the first half and full-year adjusted Ebitda will be ahead of market consensus of GBP37.7 million.

The positive results are thanks to the company's "channel diversification across UK high street health retailers, grocers and discounters" alongside "accelerated demand for a number of...product launches" in the first half of financial 2026, it said.

Applied Nutrition will announce its interim results on March 23.

Shares were up 6.6% to 257.46 pence each in London on Tuesday morning.

By Martin Miraglia, Alliance News reporter

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Applied Nutrition PLC