Applied Nutrition soars after revenue guidance

Shares in Applied Nutrition jumped about 12 percent after the sports nutrition company said full-year 2025 revenue would rise approximately 24 percent to around 107 million pounds, ahead of market expectations, and that revenue for fiscal 2026 is now expected to exceed current forecasts. The company also guided to net cash of about 18.5 million pounds at year end, beating consensus, and reported adjusted EBITDA up roughly 19 percent.

Applied Nutrition, which listed in London in October 2024, said strong second-half trading delivered roughly 60 million pounds of revenue and that performance was underpinned by expansion of listings and shelf space at major retailers, including Asda and Tesco, and continued international growth. The group sells in more than 85 countries, spanning brands such as ABE, BodyFuel and Endurance. “We are proud to report that we have exceeded the guidance we gave at our IPO,” said chief executive Thomas Ryder. “Our focus and ambition remain as strong as ever in delivering for our shareholders, customers and team.”

The board also flagged confidence in the multi-pillar global growth strategy and a largely B2B distribution model that management says enables faster innovation and disciplined working capital. Tuesday’s trading update set out consensus markers used for comparison, with prior market expectations at 100 million pounds of FY25 revenue and 16.6 million pounds of net cash. The company plans to publish full results around 10 November.

The beat-and-raise narrative resonates with investors seeking UK mid-cap growth at reasonable valuations. Key watch-items into FY26 include input-cost trends in categories like protein and packaging, elasticity in premium hydration and performance products, and any incremental spend tied to new listings or geographic entries. For now, the guidance revision and cash position shift sentiment positively after a choppy summer for UK consumer names.

If execution holds, Applied Nutrition’s stronger balance sheet and expanded retail footprint leave it well placed to navigate the competitive health and wellness aisle through the key holiday trading period and into calendar 2026.