Sports nutrition and health company Applied Nutrition saw its shares soar after announcing that full-year results are anticipated to be approximately 10% above expectations.
The Liverpool-headquartered business reported that robust recent performance has persisted since its final results on November 10, with its busiest period for health, fitness and wellbeing yet to arrive following Christmas.
The company, backed by Coleen Rooney, now anticipates results for the year to July 31 next year to be roughly 10% higher than current projections for underlying earnings of £34.4m on revenues of £122.3m.
For the year to July 31 2025, the business recorded underlying earnings of £30.9m and revenues of £107.1m.
Applied Nutrition said: "The company recognises the strength of trading and the upcoming peak trading period for health, fitness and wellbeing, which will deliver a particularly strong first half."
The group's shares climbed more than 10% during morning trading on Tuesday, reaching their highest point since the flotation in October last year.
Ms Rooney, a television personality and wife of former Manchester United and England footballer Wayne Rooney, was amongst the investors in the company's flotation after becoming a brand ambassador for the business in early 2024. Supported by investors such as retailer JD Sports, Applied Nutrition primarily conducts its business by selling its products to other companies, including retailers, grocers, gyms and sports clubs, aiming at a consumer base ranging from professional athletes to individuals seeking weight loss.
The company's products are available in over 80 countries globally.
Applied Nutrition offers four product lines – Applied Nutrition, ABE, BodyFuel, and Endurance – and boasts more than 100 different items across its portfolio.
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