THG, the owner of the Myprotein brand, says demand for protein products remains strong despite a major increase in whey costs. Across outlets covering the company’s update, THG attributes resilience in its nutrition business to record protein demand and continued growth in its nutrition segment. The firm characterises whey inflation as “unprecedented,” describing whey costs as highly elevated. While higher input prices put pressure on margins, THG says performance in its nutrition offering helps offset the impact of these costs. The reporting indicates that THG is seeing enough customer demand to support growth even as it faces increased expenses linked to whey ingredients. No outlet contradicts the core message: protein demand is strong, and the company is actively managing the cost headwinds created by whey price inflation. Overall, the coverage presents a picture of a nutrition-focused business growing through a period of significant raw-material cost increases.
THG reports strong protein demand as whey prices rise sharply
THG, the owner of the Myprotein brand, says demand for protein products remains strong despite a major increase in whey costs. Across outlets covering the company’s update, THG attributes resilience i...
- THG, which owns the Myprotein brand, reports record protein demand.
- THG says whey inflation is unprecedented and whey costs are highly elevated.
- Growth in THG’s nutrition business helps offset the impact of higher whey prices.
- The company’s reported performance reflects strong customer demand despite cost headwinds.
The company, which owns the Myprotein brand, said strong growth in the nutrition business helped to offset ‘highly elevated’ whey costs.
2 months ago
Raiders end preseason with loss to 49ers as quarterback and roster questions remain
The Raiders finish their preseason with an 18-12 loss to the 49ers on Thursday, closing out a 1-2 preseason record. The...
Inter Miami appoint Cristian “Kily” González as head coach, replacing Guillermo Hoyos
Inter Miami appoints Cristian “Kily” González as its new head coach, replacing interim manager Guillermo Hoyos. Multiple...
About 40,000 runners expected for Sydney Marathon on Sunday
Around 40,000 people are expected to take part in the Sydney Marathon on Sunday, according to multiple Australian outlet...