Up coming trading up-date18 Apr 2024 08:02
This from their last results only a week or so ago.
Current trading and FY 2024 guidance
· As we enter FY 2024, overall Group revenue trends continue to improve, with notable momentum in Beauty following the strategic changes made during 2023. Whilst the Yen has weakened further in Q1 2024 impacting THG Nutrition, the Group's start to the year provides us with confidence in delivering in accordance with market consensus.
So I would say everything looks like improving EBITA gains redardless of any slight dip in turnover as that is all planned for.
But of course there could be more important news regarding some partnerships. etc,
and then a big jump in SP.
· Operating cashflow is expected to remain strong, supported by profit growth and lower capex (c.£100m to £110m), which will drive further free cash flow[6] progress.