{"id":28953,"date":"2026-06-02T15:51:10","date_gmt":"2026-06-02T15:51:10","guid":{"rendered":"https:\/\/www.europesays.com\/germany\/28953\/"},"modified":"2026-06-02T15:51:10","modified_gmt":"2026-06-02T15:51:10","slug":"deutsche-bank-lifts-applied-nutrition-target-as-strong-trading-combines-with-us-acquisition-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/germany\/28953\/","title":{"rendered":"Deutsche Bank lifts Applied Nutrition target as strong trading combines with US acquisition"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/germany\/wp-content\/uploads\/2026\/06\/0ad5ded3da967b1956a9171415a02386.jpeg\" alt=\"Deutsche Bank lifts Applied Nutrition target as strong trading combines with US acquisition\" loading=\"eager\" height=\"557\" width=\"960\" class=\"yf-lglytj  loaded\"\/> Deutsche Bank lifts Applied Nutrition target as strong trading combines with US acquisition Proactive uses images sourced from Shutterstock      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/finance.yahoo.com\/quote\/APN.l\" data-ylk=\"slk:Applied Nutrition PLC (LSE:APN);elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Applied Nutrition PLC (LSE&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Applied Nutrition PLC (LSE:APN)<\/a>, the sports nutrition company, yesterday delivered a double dose of good news, prompting Deutsche Bank to raise its price target from 306p to 335p while maintaining its &#8216;buy&#8217; rating on the stock, which closed at 272p.<\/p>\n<p class=\"yf-1fy9kyt\">Management now expects revenues of approximately \u00a3148 million for financial year 2026, representing growth of 38% and coming in ahead of expectations, with strong trading recorded across all major regions.<\/p>\n<p class=\"yf-1fy9kyt\">Deutsche analyst Damian McNeela notes there has been minimal impact on the business from Middle East disruption, which had been a concern given the company&#8217;s exposure to that region.<\/p>\n<p class=\"yf-1fy9kyt\">EBITDA margins of approximately 28% are expected to be maintained, which McNeela calculates translates into an adjusted earnings per share upgrade of around 6% for financial year 2026.<\/p>\n<p class=\"yf-1fy9kyt\">Alongside the trading update, Applied Nutrition has announced the acquisition of the trade and majority of assets of Nutrablend Group, a US-based sports nutrition manufacturer, for a total cash consideration of $16 million, equivalent to approximately \u00a312 million, funded from existing cash resources.<\/p>\n<p class=\"yf-1fy9kyt\">The US deal gives Applied Nutrition a manufacturing foothold in the world&#8217;s largest sports nutrition market.<\/p>\n","protected":false},"excerpt":{"rendered":"Deutsche Bank lifts Applied Nutrition target as strong trading combines with US acquisition Proactive uses images sourced from&hellip;\n","protected":false},"author":2,"featured_media":28954,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21213],"tags":[28546,21214,28547,3820,21920],"class_list":["post-28953","post","type-post","status-publish","format-standard","has-post-thumbnail","category-deutsche-bank","tag-applied-nutrition","tag-deutsche-bank","tag-sports-nutrition","tag-target","tag-trading"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/28953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/comments?post=28953"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/28953\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media\/28954"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media?parent=28953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/categories?post=28953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/tags?post=28953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}