Health & Beauty

THG expects increased H1 profits following strong Q2

According to the retailer, it remains ‘well on track’ to deliver free cash flow neutrality for the full year, with adjusting items materially lower than the prior year

THG has welcomed a “strong” second quarter of trading that is set to increase its first half profitability, with adjusted EBITDA for the half-year now expected to be between £44m and £47m, compared with £32.3m in the same period last year. 

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