UK's Applied Nutrition up as profit and revenue forecasts top market view
BUZZ-UK's Applied Nutrition up as profit and revenue forecasts top market view ** Shares of supplement maker Applied Nutrition APNA.L up 7.9% at 347p, top gainer on the FTSE mid-cap index .FTMC which is up 0.2%
** APNA expects fiscal 2026 and 2027 adjusted core profit and revenue to beat market estimates, helped by robust demand across its markets
** Co expects FY26 adjusted core profit about £43.3 million ($59.05 million) and fiscal 2027 adjusted core profit of about £49 million
** FY26 revenue rose 50% to £160m, with revenue for FY27 forecast to reach about £205m
** "Growth prospects for Applied Nutrition remain exciting, with US developments offering clear upside to forecasts" - Peel Hunt
** APNA up 37.7% YTD
($1 = 0.7332 pounds)
(Reporting by Jahanvi Kothari in Bengaluru)