Applied Nutrition PLC (APN.L), a nutrition supplements and wellness company, said on Tuesday that it expects a rise in revenue for fiscal 2025 and 2026, ahead of market expectations.
For the 12-month period to July 31 (fiscal 2025), Applied Nutrition anticipates its adjusted EBITDA to improve by 19% from the previous year's GBP26 million.
The company expects annual revenue of GBP 107 million, higher than the previous year's GBP 86 million and the current market expectation of GBP100 million. This is mainly due to strong second-half trading with a revenue of around GBP60 million.
For fiscal 2026, the Group anticipates revenue to be ahead of the current market forecast of GBP 112.4 million.
The company said: "The Board remains confident that the Group's core strengths, including its B2B-focused business model, breadth of high-quality products and industry leading new product development, will continue to drive sustained revenue growth and strong profitability over the long-term."
Applied Nutrition intends to release its fiscal 2025 earnings report on, or around, November 10.
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