Applied Nutrition Announces Upgrade To FY26 Guidance; Acquires Majority Of Assets Of Nutrablend

rttnews
2026.06.01 07:08
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Applied Nutrition (APN.L) upgraded its FY26 guidance, projecting revenue of approx. £148m ahead of consensus, excluding Nutrablend acquisition impact. The company acquired a majority of assets from US-based Nutrablend for ~£12m to expand vertically integrated manufacturing in the US. Additionally, it entered a licensing agreement with Mondelez for branded sports nutrition products in North America.