THG ( (GB:THG) ) has issued an update.
THG PLC reported its preliminary FY 2024 results, highlighting a transformative year marked by strategic progress, operational resilience, and balance sheet deleveraging. The company completed the demerger of its technology division, THG Ingenuity, and refinanced its long-term capital structure. Despite a slight decline in overall revenue, THG Beauty showed strong growth, while THG Nutrition faced challenges due to high whey commodity prices but returned to growth in early 2025. The company remains focused on sustainable growth and cash generation, with plans to enhance market share through strategic initiatives in both beauty and nutrition sectors.
More about THG
THG PLC operates in the health and wellness consumer brands industry, focusing on THG Beauty and THG Nutrition. The company is known for its innovative approaches in beauty and nutrition, leveraging technology and strategic market positioning to enhance brand awareness and customer engagement.
YTD Price Performance: -36.46%
Average Trading Volume: 6,037,231
Technical Sentiment Signal: Buy
Current Market Cap: £440.8M
For detailed information about THG stock, go to TipRanks’ Stock Analysis page.