Applied Nutrition shares climb on bullish sales outlook

Applied Nutrition has presented another bullish trading update as the UK sports-nutrition business raised its annual sales and profit outlook. It is the second time for the current fiscal year that the London-listed producer of protein powders, bars and nutrition drinks has upgraded its financial bets. The shares were up 7.3% at 259.20 pence as of 12:18pm GMT on the back of the announcement as Applied Nutrition said first-half sales likely increased 57% to £74.5m ($100.9m). While still preliminary befo ...