APPLIED NUTRITION (APN) – Consumer
| Price: 250p +1.2% | P/E: 22.5x |
| Market Cap: £620m | Yield: n/a |
We reported on Applied Nutrition earlier this month after it raised guidance for a second time (9 December), and today the firm has delivered more good news.
Supermarket group Morrison has agreed an exclusive three-year deal to formulate, produce and sell Applied Nutrition-branded meals and food products, including balanced ready meals, food-to-go sandwiches and salads as well as bread and cheese.
Our View
There’s no mention of the sums involved in this deal but with the new products being rolled out across 400 Morrison stores from early January 2026 we can well see more upgrades incoming.
When it first came to market we confess we thought it might be a bit ‘faddy’, but APN could just be the perfect stock for the times in terms of the fight against obesity and the growing trend towards healthy living.
Read the press release here: https://www.appliednutritionplc.com/
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