• Daily Illinois
  • About
  • Contact
  • Privacy
  • Terms
  • DMCA
  • Sitemap
  • Write For Us
Thursday, August 18, 2022
Daily illinois - USA | News, Sports & Updates Web Magazine
  • Covid-19
  • News
    • All
    • Business
    • Education
    • Politics
    • Sports
    • World
    Communications Lessons From The Pandemic Are Transferrable To Business

    Communications Lessons From The Pandemic Are Transferrable To Business

    Nearly Half Of CMOs Are Not Ready For A Cookieless Future

    Nearly Half Of CMOs Are Not Ready For A Cookieless Future

    The College Dropout Who’s Helping Manage A $1.5 Billion Fund

    How to Maximize Your Performance and Set Yourself Apart

    How to Maximize Your Performance and Set Yourself Apart

    Aug. 18, 2022: Illegal immigrants seek entry to the U.S. at the southern border.

    Border Patrol opens gate locked by Texas National Guard to allow illegal immigrants to enter

    San Jose Earthquakes name USMNT assistant coach Luchi Gonzalez as manager

    San Jose Earthquakes name USMNT assistant coach Luchi Gonzalez as manager

    One-pot meals

    One-pot meals | Capital City Parent

    New monkeypox advice for Illinois schools; COVID-19 rules eased

    New monkeypox advice for Illinois schools; COVID-19 rules eased

    Best iPad Deals: Latest iPad and iPad Mini at All-Time Low Prices

    4 Alternatives To Selling Your Business

    4 Alternatives To Selling Your Business

  • Science & Tech
    • All
    • Ai - Artificial Intelligence
    • Apps
    • Mobile
    Facebook, Instagram Consider Whether To Keep Removing False COVID Claims

    Facebook, Instagram Consider Whether To Keep Removing False COVID Claims

    Curio, led by Energy Dept. veteran, aims to recycle nuclear waste

    Curio, led by Energy Dept. veteran, aims to recycle nuclear waste

    The New Climate Bill Demands All-American EV Batteries

    The New Climate Bill Demands All-American EV Batteries

    Take-Two reveals new Lord of the Rings game, promising a 'different' time in Middle-earth

    Take-Two reveals new Lord of the Rings game, promising a ‘different’ time in Middle-earth

    Apple wants to make more money from ads

    Apple wants to make more money from ads

    Nathan Ingraham

    Apple blocked the latest Telegram update over a new animated emoji set

    The 102 best movies on HBO Max right now (August 2022)

    The 102 best movies on HBO Max right now (August 2022)

    The recreations clearly failed when at a sharp 90° profile. Credit:Metaphysic.ai

    Want to spot a deepfake video caller? Ask them to turn sideways

    The Apple AirPods Pro earbuds charging case in a man's hand.

    The best headphone deals of August 2022

    Phishers who breached Twilio and fooled Cloudflare could easily get you, too

    Phishers who breached Twilio and fooled Cloudflare could easily get you, too

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    Anne Heche: 911 call reveals neighbors' panic after star crashed into an occupied home in LA

    Anne Heche: 911 call reveals neighbors’ panic after star crashed into an occupied home in LA

    An older guy leans on the shoulder of a younger man.

    ‘I Love My Dad’ true story: Real events of Patton Oswalt comedy

    A man and a woman sit in a bar

    Robert Plant, Alison Krauss on how to age gracefully

    Celebs who've spoken out about the gender pay gap

    Celebs who’ve spoken out about the gender pay gap

    Kendrick Lamar Shouts Out Young Fan Also Named Kendrick, Gifts Him Inspirational Note

    Kendrick Lamar Shouts Out Young Fan Also Named Kendrick, Gifts Him Inspirational Note

    UFC 278 Kamaru Usman vs. Leon Edwards: Start Time, How to Watch or Stream Online

    A sailor yells in a scene from "Das Boot."

    How to watch ‘Das Boot,’ ‘NeverEnding Story’ & more from Wolfgang Petersen

    A woman dressed in white, with white sunglasses, at a microphone.

    Nipsey Hussle’s family and fans celebrate Walk of Fame star

    Jury expected to be empaneled Tuesday in R. Kelly’s federal trial

    Jury expected to be empaneled Tuesday in R. Kelly’s federal trial

    Mattel claims they did not give a snack company permission to use their "Barbie" logo to promote chips featuring Nicki Minaj.

    Barbie doll maker sues snack company over Nicki Minaj potato chips

    • F95zone
  • Lifestyle
    • All
    • Fashion
    • Food
    • Travel
    A woman sits on a mountain ledge with a bottle of High West Distillery's Campfire whiskey.

    Park City’s High West Distillery pledges $1M to western land preservation

    Letters to the editor 8/11/22

    Letters to the editor 8/11/22 | Letters to the Editor

    8 non-book things you can check out from L.A. libraries

    8 non-book things you can check out from L.A. libraries

    Image may contain Human Person Lighting Clothing Apparel and Furniture

    Diva Davanna: The Story of Ballroom’s Youngest Icon

    How Food Brands Can Meet the Rising Demand for Safety and ESG certifications

    How Food Brands Can Meet the Rising Demand for Safety and ESG certifications

    A letter to Anaïs Nin, from “The Trapeze Project."

    L.A. artist holds conversations with writer Anaïs Nin

    Brazil's presidential campaign kicks off amid violence fears

    Brazil’s presidential campaign kicks off amid violence fears

    The world's most alarming airplane landings

    The world’s most alarming airplane landings

    Brandon Perea Daniel Kaluuya Jide Osifeso and Keke Palmer pose wearing graphic hoodiestees against a brown background

    Daniel Kaluuya and Jide Osifeso on Why They Wanted to Create ‘Nope’ Merch

    Grown-​Up Stir-​Fried Rice Recipe

    Grown-​Up Stir-​Fried Rice Recipe

33 °f
Chicago
35 ° Sat
35 ° Sun
35 ° Mon
37 ° Tue
No Result
View All Result
Daily illinois - USA | News, Sports & Updates Web Magazine
  • Covid-19
  • News
    • All
    • Business
    • Education
    • Politics
    • Sports
    • World
    Communications Lessons From The Pandemic Are Transferrable To Business

    Communications Lessons From The Pandemic Are Transferrable To Business

    Nearly Half Of CMOs Are Not Ready For A Cookieless Future

    Nearly Half Of CMOs Are Not Ready For A Cookieless Future

    The College Dropout Who’s Helping Manage A $1.5 Billion Fund

    How to Maximize Your Performance and Set Yourself Apart

    How to Maximize Your Performance and Set Yourself Apart

    Aug. 18, 2022: Illegal immigrants seek entry to the U.S. at the southern border.

    Border Patrol opens gate locked by Texas National Guard to allow illegal immigrants to enter

    San Jose Earthquakes name USMNT assistant coach Luchi Gonzalez as manager

    San Jose Earthquakes name USMNT assistant coach Luchi Gonzalez as manager

    One-pot meals

    One-pot meals | Capital City Parent

    New monkeypox advice for Illinois schools; COVID-19 rules eased

    New monkeypox advice for Illinois schools; COVID-19 rules eased

    Best iPad Deals: Latest iPad and iPad Mini at All-Time Low Prices

    4 Alternatives To Selling Your Business

    4 Alternatives To Selling Your Business

  • Science & Tech
    • All
    • Ai - Artificial Intelligence
    • Apps
    • Mobile
    Facebook, Instagram Consider Whether To Keep Removing False COVID Claims

    Facebook, Instagram Consider Whether To Keep Removing False COVID Claims

    Curio, led by Energy Dept. veteran, aims to recycle nuclear waste

    Curio, led by Energy Dept. veteran, aims to recycle nuclear waste

    The New Climate Bill Demands All-American EV Batteries

    The New Climate Bill Demands All-American EV Batteries

    Take-Two reveals new Lord of the Rings game, promising a 'different' time in Middle-earth

    Take-Two reveals new Lord of the Rings game, promising a ‘different’ time in Middle-earth

    Apple wants to make more money from ads

    Apple wants to make more money from ads

    Nathan Ingraham

    Apple blocked the latest Telegram update over a new animated emoji set

    The 102 best movies on HBO Max right now (August 2022)

    The 102 best movies on HBO Max right now (August 2022)

    The recreations clearly failed when at a sharp 90° profile. Credit:Metaphysic.ai

    Want to spot a deepfake video caller? Ask them to turn sideways

    The Apple AirPods Pro earbuds charging case in a man's hand.

    The best headphone deals of August 2022

    Phishers who breached Twilio and fooled Cloudflare could easily get you, too

    Phishers who breached Twilio and fooled Cloudflare could easily get you, too

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    Anne Heche: 911 call reveals neighbors' panic after star crashed into an occupied home in LA

    Anne Heche: 911 call reveals neighbors’ panic after star crashed into an occupied home in LA

    An older guy leans on the shoulder of a younger man.

    ‘I Love My Dad’ true story: Real events of Patton Oswalt comedy

    A man and a woman sit in a bar

    Robert Plant, Alison Krauss on how to age gracefully

    Celebs who've spoken out about the gender pay gap

    Celebs who’ve spoken out about the gender pay gap

    Kendrick Lamar Shouts Out Young Fan Also Named Kendrick, Gifts Him Inspirational Note

    Kendrick Lamar Shouts Out Young Fan Also Named Kendrick, Gifts Him Inspirational Note

    UFC 278 Kamaru Usman vs. Leon Edwards: Start Time, How to Watch or Stream Online

    A sailor yells in a scene from "Das Boot."

    How to watch ‘Das Boot,’ ‘NeverEnding Story’ & more from Wolfgang Petersen

    A woman dressed in white, with white sunglasses, at a microphone.

    Nipsey Hussle’s family and fans celebrate Walk of Fame star

    Jury expected to be empaneled Tuesday in R. Kelly’s federal trial

    Jury expected to be empaneled Tuesday in R. Kelly’s federal trial

    Mattel claims they did not give a snack company permission to use their "Barbie" logo to promote chips featuring Nicki Minaj.

    Barbie doll maker sues snack company over Nicki Minaj potato chips

    • F95zone
  • Lifestyle
    • All
    • Fashion
    • Food
    • Travel
    A woman sits on a mountain ledge with a bottle of High West Distillery's Campfire whiskey.

    Park City’s High West Distillery pledges $1M to western land preservation

    Letters to the editor 8/11/22

    Letters to the editor 8/11/22 | Letters to the Editor

    8 non-book things you can check out from L.A. libraries

    8 non-book things you can check out from L.A. libraries

    Image may contain Human Person Lighting Clothing Apparel and Furniture

    Diva Davanna: The Story of Ballroom’s Youngest Icon

    How Food Brands Can Meet the Rising Demand for Safety and ESG certifications

    How Food Brands Can Meet the Rising Demand for Safety and ESG certifications

    A letter to Anaïs Nin, from “The Trapeze Project."

    L.A. artist holds conversations with writer Anaïs Nin

    Brazil's presidential campaign kicks off amid violence fears

    Brazil’s presidential campaign kicks off amid violence fears

    The world's most alarming airplane landings

    The world’s most alarming airplane landings

    Brandon Perea Daniel Kaluuya Jide Osifeso and Keke Palmer pose wearing graphic hoodiestees against a brown background

    Daniel Kaluuya and Jide Osifeso on Why They Wanted to Create ‘Nope’ Merch

    Grown-​Up Stir-​Fried Rice Recipe

    Grown-​Up Stir-​Fried Rice Recipe

33 °f
Chicago
35 ° Sat
35 ° Sun
35 ° Mon
37 ° Tue
No Result
View All Result
Daily illinois - USA | News, Sports & Updates Web Magazine
No Result
View All Result
Home Lifestyle Food

Humble Group enters Australia with Body Science International purchase

by Staff Writer
July 17, 2022
in Food
Reading Time: 3 mins read
0
Body Science International
505
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Related posts

How Food Brands Can Meet the Rising Demand for Safety and ESG certifications

How Food Brands Can Meet the Rising Demand for Safety and ESG certifications

August 17, 2022
Grown-​Up Stir-​Fried Rice Recipe

Grown-​Up Stir-​Fried Rice Recipe

August 17, 2022

Humble Group, the acquisitive Swedish FMCG business, has added Australia’s Body Science International to its growing sports nutrition portfolio.

Body Science, based in Burleigh Heads in Queensland, is the latest M&A deal in the category for Stockholm-listed Humble, which last year acquired Sweden’s Swecarb, the supplier of the Vitargo sports-nutrition brand.

Previous deals include Performance R Us, Nordic Sports Nutrition and Viterna, which all sell branded products to retailers in the Nordic region.

The Body Science deal marks Humble’s expansion into a new market, described as a “strategic step” by CEO Simon Petrén.

Body Science generates sales equivalent to SEK284m (US$26.9m) and profits based on EBITDA of SEK53m. The company supplies its own brand of protein and creatine powders, including vegan varieties, protein bars and mousse snack bars sold via direct-to-consumer and independent retailers.

Financial terms were not disclosed, with the deal expected to close within 60 days.

Petrén, who has also struck deals in snacks and confectionery, cosmetics and beauty products, said: “Body Science is a prominent player in nutrition in the Australian market and is actively working to develop, market and sell leading products based on high-quality ingredients.

“In addition to expanding our product offering through the acquisition, we are also taking a strategic step into a new geographic market that opens up additional distribution opportunities to stores with nationwide coverage and new sales channels in online sales.”

Greg Young and Nathan Picklum are the co-founders and managing directors of Body Science.

They added: “Through the transaction, Body Science will continue to grow and become a global sports industry brand within the Humble Group. We are incredibly excited about today’s announcement as it signals the next phase for an iconic Australian company.”

Humble’s shares on the Stockholm exchange are down 45% this year and 34% from 12 months ago. The stock traded at SEK15.04 around 1:10pm local time today (15 July).

In the calendar fiscal year through December, Humble reported group sales of SEK1.5bn, representing organic growth of 28%. Adjusted EBITDA fell 9% to SEK228m, while EBITDA dropped 25% to SEK162m. Earnings per share were down 42% at SEK1.38.

On a proforma basis, sales amounted to SEK3.7bn, with adjusted EBITDA of SEK493m and EBITDA of SEK370m.

For the first quarter of this year, reported sales rose to SEK879m from SEK88m, while adjusted EBITDA climbed to SEK102m from SEK7m a year earlier. EPS was a negative SEK0.82.

Proforma sales were SEK1.06bn and adjusted EBITDA stood at SEK127m.

Related Companies

Hiperbaric

High-Pressure Processing (HPP) Equipment for the Food and Beverage Industry

Source by www.just-food.com

Related

Share202Tweet126Share51

Latest News - Daily illinois

Communications Lessons From The Pandemic Are Transferrable To Business

Communications Lessons From The Pandemic Are Transferrable To Business

August 18, 2022
Nearly Half Of CMOs Are Not Ready For A Cookieless Future

Nearly Half Of CMOs Are Not Ready For A Cookieless Future

August 18, 2022
Third time's the charm?

Third time’s the charm? | News

August 18, 2022

The College Dropout Who’s Helping Manage A $1.5 Billion Fund

August 18, 2022
How to Maximize Your Performance and Set Yourself Apart

How to Maximize Your Performance and Set Yourself Apart

August 17, 2022
Anne Heche: 911 call reveals neighbors' panic after star crashed into an occupied home in LA

Anne Heche: 911 call reveals neighbors’ panic after star crashed into an occupied home in LA

August 17, 2022
An older guy leans on the shoulder of a younger man.

‘I Love My Dad’ true story: Real events of Patton Oswalt comedy

August 17, 2022
A man and a woman sit in a bar

Robert Plant, Alison Krauss on how to age gracefully

August 17, 2022
Daily illinois - USA | News, Sports & Updates Web Magazine

Copyright © 2020 Dailyillinois.com.

Navigate Site

  • Daily Illinois
  • About
  • Contact
  • Privacy
  • Terms
  • DMCA
  • Sitemap
  • Write For Us

Follow Us

No Result
View All Result
  • About Us Page
  • Contact
  • Daily illinois
  • DMCA Policy
  • Privacy Policy
  • Submit, Guest Post, Write For Us and Become a Contributor
  • Terms of Use

Copyright © 2020 Dailyillinois.com.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.