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October 15, 2021
Investors starting to question firm’s governance and profitability a year after its £5.4bn flotation
June 11, 2021
Investegate announcements from THG PLC, Annual General Meeting 2021-change of arrangement
May 10, 2021
Notes to editors THG ( www.thg.com ) is a vertically integrated, digital-first consumer brands group, retailing its own brands in beauty and nutrition, plus third-party brands, via its proprietary, end-to-end, e-commerce technology, infrastructure and brand-building platform (THG Ingenuity) to an online and global customer base. THGs business is operated through the following businesses: THG Ingenuity : Ingenuity Commerce provides an end-to-end direct-to- ...
May 10, 2021
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May 7, 2021
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any natio...
April 29, 2021
Notes to editors THG ( www.thg.com ) is a vertically integrated, digital-first consumer brands group, retailing its own brands in beauty and nutrition, plus third-party brands, via its proprietary, end-to-end, e-commerce technology, infrastructure and brand-building platform (THG Ingenuity) to an online and global customer base. THGs business is operated through the following businesses: THG Ingenuity : Ingenuity Commerce provides an end-to-end direct-to- ...
April 22, 2021
FY 2022 impact for THG of c. £20.0m revenues and c. £6.5m adjusted EBITDA, post c. £3.0m of cost synergies THG PLC ("THG" or the "Group"), the proprietary technology platform specialising in taking brands direct to consumers ("D2C"), has conditionally agreed to acquire Brighter Foods Limited ("Brighter"), a specialist developer and manufacturer of snack bars, from Real Good Food plc for £43.0m, payable in cash. The acquisition of Brig...
April 15, 2021
Full year 2020 £1.6bn of revenues (+42% YoY), £151m adjusted EBITDA (+35% YoY) after £2.6m of self-funded furlough costs Statutory operating profit before adjusted items of £46m, £(482m) operating loss driven by one-off, non-cash items, principally equity awarded to our people THG PLC ("THG" or the "Group"), the proprietary technology platform specialising in taking brands...
April 15, 2021
The Hut Group sees sales surge following pandemic-led online demand Matthew Moulding (left) founder of The Hut Group. Online retailer The Hut Group enjoyed rising revenues, sales and number of customers in 2020, after the pandemic forced people to shop online. Group revenue at the business was up 41.5 per cent to £1.6bn in 2020, and adjusted EBITDA was up 35 per cent to £151m. Some 10.7 new customers shopped with The Hut Group last year, with the number of beauty box subscrib...
April 15, 2021
By Alec Mattinson2021-04-15T08:08:00+01:00 Top story Newly listed Deliveroo has posted a 130% jump in first quarter turnover, but the delivery giant pointed to dramatic slowdown for the rest of the year as restaurants and pubs reopen. Growth accelerated for the fourth consecutive quarter, with group orders up 114% year-on-year to 71m. The fourth quarter of 2020 saw order growth of 77% and Deliveroo’s growth in the corresponding first quarter of 2020 was 27%. UK orders were up 121%, while in...