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Evening Standard
Evening Standard
Holly Williams

Applied Nutrition hikes outlook after revenues jump 50%

Coleen Rooney-backed sports health business Applied Nutrition has kicked off its stock market debut with a valuation of around £350 million. (Applied Nutrition/PA) -

Applied Nutrition has hiked its earnings outlook thanks to a 50% surge in sales and forecast more growth over the year ahead despite pressure from rising whey prices.

The health and wellness brand – which is backed by TV personality Coleen Rooney – said it now expects annual underlying earnings to jump by 40% to around £43.3 million after sales soared to £160 million in the year to July 31, up from £107 million the previous year.

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