Thg Share Discussion Threads

[billionarebob] 17/10/2023 09:03

Interesting how Matt said ALL divisions are now USA ready :)

[midasx] 17/10/2023 09:03

Excellent, very very positive, as stated after the last update.


MidasX - 18 Sep 2023 - 07:26:55 - 55670 of 57803 The Hut Group - THG
Listened to the presentation again!

The hard work has been done, the money has been spent, the worldwide automated vertically integrated distribution centres are in place with potential capacity multiples of current levels.

Capex will now decrease substantially along with exceptional expenses and EBITDA increase accordingly. Profit margins will increase as input costs have dropped significantly.

The future is bright, the future is THG !

[billionarebob] 17/10/2023 09:02

Very positive webcast and defo worth a listen :)

[one_frankel] 17/10/2023 09:02

Demand is very strong says our resident Northern Dullard which is why revenue is continuing to fall across all of its units hehe!

[hooded claw] 17/10/2023 09:01

Thanks for the updates Bob ... Much appreciated. :)

[billionarebob] 17/10/2023 09:00

Nutrition re brand going to planRecord marginsRegional sales very positive especially in Asia and Europe Demand very strong

[john09] 17/10/2023 08:59

Another leap in the price “THG nutrition some announcements due soon which should cement its growth further”

[one_frankel] 17/10/2023 08:58

Hehe, update was upbeat hehe!...Listen to these fu_ckin goons!

[gregpeck7] 17/10/2023 08:56

My protein getting a us listing according to telegraph. Looks like this has been turned around. Very interesting.

[francoismyname] 17/10/2023 08:56

Did say early doors we should be blue on the back of those numbers.

Call was very upbeat for a change.

Storm clouds are lifting me thinks.

As someone mentioned earlier and not to be underestimated , down 4% yoy in this environment and now turning these clients into more profitable ones is some achievement.

Crack on Matt.

[billionarebob] 17/10/2023 08:55

Beauty competition reducing creates tailwind for 2024

[one_frankel] 17/10/2023 08:55

Keep pushing it folks because the falls will be just as dramatic, make no fu_ckin mistake!

[one_frankel] 17/10/2023 08:53

Who got played like the Northern Irish Mu_g he is hey Paddy!

[billionarebob] 17/10/2023 08:52

Capex reduced from 200m to 110mStrong balance sheet with higher EBITDA

[john09] 17/10/2023 08:51

“Very comfortable with £160m EBIDTA next year”

[billionarebob] 17/10/2023 08:50

Beauty 4th quarter predicted positive momentum with no courier strikes

[one_frankel] 17/10/2023 08:48

Only 'Mu_g Punters' will believe the Mould and all his hoopla but the numbers tell you otherwise so keep buying this utter tripe you call an investment!

[billionarebob] 17/10/2023 08:46

Beauty growing and back to strong profit Ingenuity on track for 1 billion GMV Major companies in pipeline

[john09] 17/10/2023 08:45

Gone blue immediately on the “yes on track to add £1bn to ingenuity. One client alone in the pipeline is this size” !

[one_frankel] 17/10/2023 08:43

Oops, what happened PaddyWhack!

...A strong third quarter hehe!...The Mould is in cloud cuckoo land, are you too!

[billionarebob] 17/10/2023 08:41

Significant progress in USA and new licensing partnerships in pipeline Iceland deal 40/50 million :)

[billionarebob] 17/10/2023 08:38

Each division now USA ready :)

[billionarebob] 17/10/2023 08:26

Starts in 5 mins if anyone is interested
 
Analyst and investor conference call

THG will today host a conference call for analysts and institutional investors at 8:30am (UK time) via the following link:
 

[billionarebob] 17/10/2023 08:24

FCF target looks like it is ahead of the curve :)

[billionarebob] 17/10/2023 08:17

THG backs outlook despite drop in third-quarter revenue




THG pointed to an improving performance each month in the quarter, with the group returning to constant currency growth in September.

Full-year revenue guidance of 0% to negative 5% remains unchanged, with guidance for adjusted EBITDA and cash generation also held.

Matthew Moulding, chief executive, said: “The group is exceptionally well invested with a strong balance sheet, with each division well positioned to grow market share in any market conditions."

THG said each division continues to make progress against its stated strategy to return to sales growth and rebuild margins, while the impact of global de-stocking on its beauty manufacturing business has eased.