Tooru PLC (AIM:TOO) said it was confident about its outlook after a year of change and investment, as the AIM-listed health and wellness group positions itself for further growth in 2026.
In an update, the company stated that the past 12 months had been focused on building the foundations of the business following the completion of its reverse takeover in May 2025.
Management said it was now settling into its new structure, with a focus on scaling its core brands while keeping a close eye on costs.
That strategy is showing results in retail distribution. Juvela, the group’s long-established gluten-free business, has continued to perform well, while its newer retail brand, OAF, has gained traction.
Sales through Tesco remain strong and Tooru said it is in advanced discussions about securing listings with other major supermarket chains.
Pulsin, which makes healthy snack bars and nutritional powders, is also being lined up for wider exposure.
Certain Pulsin bars will soon be stocked in 1,000 Co-op stores, up from just 80 at present. A rollout on that scale can significantly increase potential sales by putting products in front of far more shoppers.
Tooru has also combined the operations of Pulsin and We Love Purely, which it expects to reduce overall costs further.
Management is considering whether to continue with outsourced manufacturing on a longer-term basis, arguing that it could offer better scalability as revenues grow.
Alongside the trading update, the group announced a board change. Matthew Peck has stepped down from the board with immediate effect, but will remain a director of Market Rocket while Tooru explores a possible sale of the marketing agency.
The company said Market Rocket is non-core and distracts from its focus on building its own health and wellness brands. The business continues to trade as expected, with the final quarter typically its busiest and most profitable.
The update also included fresh funding news. Tooru has refinanced its debt with Shawbrook Bank in relation to Juvela.
The facility has been increased to £3.9 million and extended to the end of 2030, with an additional £500,000 provided to support the development of the OAF brand.
Scott Livingston, chief executive, said: “We continue to have confidence in the prospects for Juvela and believe that it has significant upside potential. We also believe that Pulsin too has excellent prospects going into 2026.
"The Co-op store count increase for Pulsin and sales growth of OAF demonstrates the progress that the group is making.”
He added that the refinancing “provides the flexibility to invest further in this business and demonstrates confidence in it by a leading financial institution”.