LONDON, UK / ACCESSWIRE / February 16, 2021 / Rapid Nutrition PLC (SWX:RAP)(OTCQB:RPNRF), a natural wellness company focused on organic wholefood-based nutrition and science-based herbal products, announced the following trading update ahead of the publication of its Annual Financial Report for the period ended 31 December 2020.
Evolving to meet growing consumer demand for health-focused and immunity-boosting products during the global pandemic, Rapid Nutrition’s positioning in the health and wellness life science sector was beneficial.
2020 Financial Highlights
Financial highlights for the period to date include:
2020 Operational Highlights
Noteworthy annual highlights for Rapid Nutrition for the period in review include:
Management Commentary
Despite a difficult year for retail and a wealth of uncertainty in global markets, Rapid Nutrition evolved with innovation and insight to deliver impressive year-end results for 2020, with an eye ahead towards 2021 expansion.
“With proof that we are able to not only survive but also thrive during unprecedented conditions, our team looks forward to further growth as health and wellness remain top of mind in 2021,” said Rapid Nutrition CEO Simon St. Ledger. “I am grateful to the strength and poise showcased by our team and board this year, which helped Rapid Nutrition grow and continue to look ahead during these challenging times.”
With a focus on delivering shareholder value and transparency, Rapid Nutrition’s leadership team and board of directors continue to focus on multi-channel delivery, intellectual property and global growth, chiefly in the cold and flu category and the rapidly growing vegan market. In the year to come, Rapid Nutrition will also extend marketing initiatives into retail stores as they continue to reopen while maintaining focus on its successful direct-to-consumer initiatives.
“2020 reminded everyone how important good health is to quality of life, and we are proud to be a trusted partner in delivering the best in health and wellness products. We know the best is yet to come,” St. Ledger added.
With continued expansion into key markets across the globe, the company anticipates organic growth through its organic products, spearheaded by science-driven product innovation in 2021 and beyond.
The Annual financial report will be published on the company’s website once available.
About Rapid Nutrition PLC
Rapid Nutrition PLC (SWX:RAP)(OTCQB:RPNRF): Dedicated to the development and distribution of premium, science-based health and wellness brands across the globe, Rapid Nutrition shares a wealth of award-winning products with consumers who are passionate about innovations that are “made by nature, refined by science.” Rapid Nutrition’s first-class scientific team matches the experience of its management team to keep both the company and consumers on top of the latest industry trends and developments, while aligning with industry leaders worldwide to deliver effective supplements and solutions. For more information, please visit http://rnplc.com
Investor Relations Contact:
Email: ir@rnplc.com
Forward-Looking Statements
This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks, uncertainties and assumptions that could cause Rapid Nutrition PLCs actual results and experience to differ materially from anticipated results and expectations expressed in these forward-looking statements. Rapid Nutrition PLC has in some cases identified forward-looking statements by using words such as “anticipates,” “believes,” “hopes,” “estimates,” “looks,” “expects,” “plans,” “intends,” “goal,” “potential,” “may,” “suggest,” and similar expressions. Rapid PLC undertakes no obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events, except as required by applicable law or regulation.
Disclosure Requirement:
This media information does not constitute an offer to sell, or a solicitation of an offer to buy, any securities. This information does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. The media release is in accordance with International Reporting Standard: Rule 12g3-2(b) under the Securities Exchange Act (‘Rule 12g3-2(b)’) permits non-U.S. companies with securities listed primarily on a Qualified Foreign Exchange to make publicly available to U.S investors in English the same information that is made publicly available in their home countries as an alternative to SEC reporting Exchange Act Rule 12g3-2(b).
SOURCE: Rapid Nutrition Plc
View source version on accesswire.com:
https://www.accesswire.com/629451/Rapid-Nutrition-Guidance-Update-with-Notable-2020-Year-End-Results
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