RE: With 250 inclusion will we see massive stock price gains now ?6 Mar 2025 10:11
From last trading update..
If the Chairman's/BOD statements are true .."i.e. Post a demerger, the Group would consist of THG Beauty and THG Nutrition, two globally leading consumer businesses, which are highly profitable, cash generative and capable of paying dividends.".....then THG won't have any issues whether they are in the FTSE 250 or not. There's also a potential £30 million VAT refund in the pipeline as per the results update.
· Specifically, capital expenditure will reduce to c. £20m pa (FY 2024 pre Demerger guidance: £100m to £110m) and cash lease costs will reduce to c. £22m pa.
· Future cash generation will facilitate a measured reduction in gross and net leverage, with RemainCo targeting continued progression to a neutral net cash / net debt position.
'GROSS' leverage materially reduced, c. £550m[1] year-end cash and available facilities. The Group has strong liquidity with c. £400m of cash and £150m undrawn Revolving Credit Facility at the period end, ahead of the Demerger which completed on 2 January 2025.
JAO Adyor!
https://www.lse.co.uk/rns/q4-2024-trading-statement-2tx8ubiykyr2qoi.html