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An announcement from Beauty Tech Group Plc ( (GB:TBTG) ) is now available.
The Beauty Tech Group plc has announced a trading update indicating strong performance, with revenue and adjusted EBITDA for the year expected to surpass market expectations. This growth is attributed to the increasing awareness of the at-home beauty device sector and the company’s leading products. The successful IPO has bolstered the company’s visibility and market position, setting a positive outlook as it enters the Black Friday and Christmas trading periods.
More about Beauty Tech Group Plc
The Beauty Tech Group is a global leader in the rapidly growing at-home beauty technology market. It encompasses three innovative and premium beauty technology brands: CurrentBody Skin, ZIIP Beauty, and Tria Laser. The company develops, manufactures, and retails at-home beauty devices using aesthetic technologies like LED light, RF, microcurrent, and laser therapies, traditionally used in professional clinics. The Group operates in the UK and internationally through its direct-to-consumer e-commerce channels and selected international retailers. It is listed on the London Stock Exchange and headquartered in Cheshire, UK.
Average Trading Volume: 338,054
For a thorough assessment of TBTG stock, go to TipRanks’ Stock Analysis page.