Health & Beauty
THG guidance remains unchanged despite losses widening
The group still reported a continuing adjusted EBITDA of £50.1m for H1, which increased by 22.9% during the period and has hit the top end of the group’s guidance
THG Group has reiterated that its adjusted EBITDA guidance for FY23 remains unchanged, despite its disposal of loss-making assets widening its operating loss to £99.5m in H1, down from a loss of £89.2m last year.
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