Times24 Apr 2024 07:29
This is the last bit. Everything else is regurgitated stuff.
Analysts at Peel Hunt said THG has been putting in place measures to help lift its stock market valuation.
They said: “We believe that lack of disclosure, high investment and cash outflows, and the post-Covid downgrades seen at THG, and across this space, have weighed heavily on the shares, along with other issues, all of which have played out fairly publicly.
“Margin recovery, revenue growth, and sustainable cash generation are the driving factors for the next leg of the journey. Similarly, we are starting to see early signs of better disclosure, which will be key to lifting investor understanding and confidence.”
Analysts at Jefferies said they believed THG offered investors “access to an impressive stable of market-leading strategic assets”.