Skin care specialist Beauty Tech Group (TBTG) raised its 2025 outlook after recent trading exceeded forecasts.
The firm said performance through October into November had been ‘strong’ as its marketing began to gain traction.
As a result, revenue and adjusted EBITDA for the year to December will be ahead of current market estimates.
Specifically, the firm reckons sales will come in around £128 million versus a consensus of £117 million, while EBITDA will reach £32 million versus a consensus of around £30 million.
| Price: 237p +6.3% | P/E: 38.4x |
| Market Cap: £247m | Yield: n/a |
Beauty technology is so not our market and the company hasn’t been listed long, but it certainly seems to have made a name for itself with its face masks and laser technology.
Investors who bought the stock at its IPO price of 271p last October may still be smarting, but today’s news will surely alleviate some of that pain.
Read the press release here: https://www.thebeautytechgroup.com/
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