Shares of Liverpool-based Applied Nutrition plc, the sports nutrition, health, and wellness brand, rose about 10% on Tuesday after it published an update on trading for the current financial year ending July 31, 2026.

Applied Nutrition shares rose to around £2.20 to give the firm a stock market value of about £550 million. The Liverpool firm’s stock has now risen about 63% since it priced its London IPO at £1.40 per share on October 24, 2024.

“Further to the company’s positive trading outlook mentioned in the Final Results announcement on 10 November 2025, Applied Nutrition is pleased to announce that the strong momentum has continued and is also reflected in the current order book,” said the firm.

“As a result the company now expects that FY26 results are likely to exceed current market consensus estimates by approximately 10%.

“The company recognises the strength of trading and the upcoming peak trading period for Health, Fitness & Wellbeing, which will deliver a particularly strong H1.”

Applied Nutrition said consensus market expectations for FY26 results before Tuesday’s statement were for revenue of £122.3 million and adjusted EBITDA of £34.4 million.