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Applied Nutrition PLC on Monday raised full-year guidance, announced a tie-up with Mondelez International Inc and an acquisition in the US. In response, shares in the Merseyside, England-based wellness brand were 11% higher at 270.50 pence each in London on Monday. ‘Trading in the current financial year to date remains strong with continued momentum across the group,’ the company said in a statement. Applied Nutrition now expects revenue for the financial year ending July 31, excluding Nutrablend Group, of around £148 million, ahead of market expectations of £140.3 million, and up 38% from £107.1 million the year prior. In March, the company said revenue increased 57% to £74.6 million in the half-year to January 31 from £47.6 million the year before. ‘Demand across our markets shows no sign of abating,’ commented Chief Executive Thomas Ryder. The company expects adjusted earnings before interest, tax, depreciation, and amortisation margin to be in line with market expectations of 28.2%, which would be down from 29.0% in the year prior. Market consensus for Ebitda for the financial year is £39.5 million. The Ebitda contribution for the financial year from the acquisition Nutrablend, also announced on Monday, is not expected to be meaningful. The FTSE 250-listing said it is paying $16 million cash for US-based manufacturer Nutrablend. The acquisition includes a manufacturing and warehousing facility in Buffalo, New York, with capacity to support up to $300 million in annual revenue. Applied Nutrition expects the deal to be earnings enhancing in financial 2027, contributing at least an additional $30 million in revenue at high single digit Ebitda margin. ‘The acquisition of a US manufacturing site significantly strengthens our ability to support ongoing growth in the region and provides us with the ability to expand our North American offering,’ said CEO Ryder. In addition, Applied Nutrition signed a North American licensing agreement with Chicago, Illinois-based food and beverage company Mondelez International to develop and manufacture sports nutrition products under the Sour Patch Kids and Swedish Fish brands. The initial product range is expected to launch in August 2026 and be stocked in around 2,200 Walmart stores and 1,300 GNC locations across the US and Canada. Shares in Applied Nutrition started trading on the London Stock Exchange in October 2024, with an initial public offer price of 140p per share. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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