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Ecommerce retailer THG has reiterated its full-year guidance after reporting a 6.5% rise in first-half revenues, driven by strong performances in its Beauty and Nutrition categories.
It comes as the group saw adjusted EBITDA reach £94m for the 12 months to May 2026, spelling a 36% jump year-on-year.
THG also reported its strongest first-half free cash flow since 2021 ahead of its annual general meeting.
According to the group’s results, revenuesgrowth was supported by a 9.2% rise in skincare sales, with its Lookfantastic brand expanding THG’s active customer base.
Meanwhile, the Nutrition division saw year-to-date unit growth of 60% following retail expansion and category diversification.
In addition, lender confidence pushed the group’s Term Loan B to trade above par in the first half of 2026 for the first time since its issuance. THG is currently awaiting a response from HMRC regarding a £78m retrospective tax claim.
Matthew Moulding, chief executive of THG, said: “We are on track with our growth and margin expansion strategy across the group. By prioritising home markets and trending categories in THG Beauty, we continue to drive high-quality growth across an expanding customer base.
“The group continues to deliver strong year-on-year adjusted EBITDA growth, notwithstanding the broader macroeconomic backdrop, including unprecedented whey commodity inflation levels.”
