RE: THG - Time for a re-rate?2 Nov 2022 14:07
Oak } 100 to 130 EBITA :-)
MM said 'As commodity prices ease further, we remain well positioned to grow margins into 2023, whilst reducing pricing to consumers. This positions the Group well in continuing to expand market share. As cost of living pressures rise, customers are continuing to prioritise beauty, health and wellness categories and, through investing in bringing them into and retaining them within the THG ecosystem, we are laying the foundations for our future growth.'
Prepare for significant rise in SP !!!!!