Tooru CEO talks results and strategy with Zak Mir

Zak Mir talks to Scott Livingston, CEO of Tooru Plc (AIM: TOO), after the UK-based investment and operating company focused on the health, wellness, and organic food sector announced its half-year financial report.This included EBITDA of over £1 million generated from its operating businesses during the first six months of 2026. The OAF brand continued to grow, with increased distribution in major retailers. Increased listings with Tesco during the period and new listings in Asda from April 2026.Highlights·    EBITDA of over £1 million generated from our operating businesses during the first six months of 2026·    Continued growth of the OAF brand with increased distribution in major retailerso increased listings with Tesco during the periodo new listings in Asda from April 2026·    New funds raised amounting to gross cash proceeds of £980,000 and debt conversion of £300,000·    Return of Pulsin to normal production and distributiono improving margins due to reduction in costs through move to contract manufacturingo new Swiss distribution agreement·    This is the first reporting period that includes all of the operating businesses for the full period.·    Post period end Market Rocket was sold enabling improved focus on managing and developing leading consumer brands.Chairman's StatementI am pleased to present my Chairman's Statement for the six months to 30 June 2026.This period represents the first reported accounting period which includes a full contribution from the businesses acquired from S-Ventures plc last year. Further details of the performance of our underlying businesses are set out in the CEO's Report.However, in essence, Juvela and OAF have continued to perform strongly, particularly with OAF increasing its listings in Tesco and Asda. Despite a difficult start to the year, Pulsin has turned a corner, re-building its sales and reducing operating costs.We have also raised some additional capital and, in line with our stated strategy, we have been actively looking at acquisitions, although we will only proceed if they meet our exacting criteria.  Post-period end, we disposed of Market Rocket which will help us to focus on the building of exciting brands in the wellness sector.We are optimistic that this progress will continue into the second half of 2026.Nicholas LeeNon-Executive Chairman