RE: FTSE 250 inclusion3 Mar 2025 12:40
The likes of Warpaint only has about 8% of THG's Beauty division sales but is valued almost as much as the whole of THG...there is clearly serious 'illegal' activity going on with THG's share price now that Ingenuity has been demerged from THG it seems..? JAO Adyor!
Warpaint...Revenue for the year ended 31 December 2024 is expected to be approximately £102 million (2023: £89.6 million) and profit before tax to be approximately £24 million (2023: £18.1 million).
THG 2024 figures.. Continuing revenue (including Ingenuity) of £1,879.6m (+1.1%), with ongoing portfolio management to successfully exit loss-making discontinued categories. Within own brand beauty, we took the decision to withdraw from cosmetics and masstige products to focus on the more prominent growth opportunities in prestige skincare, spa and specialist products. This strategy is delivering margin enhancements from a more focused, relevant consumer offering.· A standout performance from THG Beauty (+4.6%), with broad and consistent gains across skin, cosmetics and fragrance categories in the UK.
JAO Adyor!!!