Skin care specialist Beauty Tech Group (TBTG) has raised its 2025 profit guidance for the second time in two months sending its shares to a new high.
The firm said trading through November and December had been strong with further growth across ‘all key markets and channels’.
Therefore, revenue for 2025 will be no less than £136 million and EBITDA no less than £35.5 million compared with its previous guidance of £128 million and £32 million.
| Price: 301p +3.1% | P/E: 42x |
| Market Cap: £330m | Yield: n/a |
Beauty Tech Group is not just a new listing but a new type of company in the consumer/healthcare space so analysts are having trouble forecasting growth.
The firm argues increasing awareness of the At-Home Beauty Device sector and its market-leading products put it in prime position to keep delivering.
Meanwhile, shareholders will be delighted to see the shares trading above the IPO price after a rocky start to life as a quoted company.
Read the press release here: https://www.thebeautytechgroup.com/regulatory-news
Read related news: https://sharesify.com/beauty-tech-group-raises-outlook-for-2025/
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