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Welcome to the Proactive podcast channel – the destination for breaking news on growth companies and up to the minute market coverage.
Here we plug you into what’s new and exciting in the world of business.
Tooru PLC CEO: health and wellness brands driving growth
Proactive - Interviews for investors
5 minutes 6 seconds
4 days ago
Tooru PLC CEO: health and wellness brands driving growth
Tooru PLC (LSE:RGO) CEO Scott Livingston talked with Proactive's Stephen Gunnion about the company's strategy for growth through its portfolio of health and wellness consumer brands.
Livingston began by outlining the core brands under Tooru, including Juvela, a gluten-free range sold via prescription; OAF, its mass-market gluten-free line launched in Tesco; Pulsin, a long-established protein bar and supplement brand; and Purely, a plantain crisps label. The company also operates Market Rocket, a tech division supporting direct-to-consumer growth.
“We think that we can grow these existing brands dramatically,” Livingston said, citing strong demand for clean-label, functional foods. He also noted the strength of OAF’s launch and its traction with retailers and consumers.
Livingston confirmed Tooru is EBITDA positive at the operating company level and is seeing the effects of investments made into product development and brand turnaround. The company is prioritising organic growth, but remains open to strategic acquisitions that align with existing operations or offer synergy on the production side.
Tooru is positioning itself within a growing health and wellness sector, with Livingston stating, “Even low-income area teenagers would read what's on the back of a product,” reflecting a wider consumer shift towards transparency and healthier choices.
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Proactive - Interviews for investors
Welcome to the Proactive podcast channel – the destination for breaking news on growth companies and up to the minute market coverage.
Here we plug you into what’s new and exciting in the world of business.