Thg Share Discussion Threads

[factsandfigures] 16/1/2024 09:48

Yeah, john09's message board is full of FAILED SHARE RAMPERS and LOSERS using multiple usernames constantly congratulating each other on being LOSERS

[john09] 16/1/2024 09:44

Beauty snippet

“ H1 challenges in Beauty manufacturing from industry-wide de-stocking faded in H2, with a return to growth achieved in the quarter (+11.6%).”

[john09] 16/1/2024 09:42

Ingenuity snippet

“ Progress in onboarding Enterprise clients continued throughout 2023, signing major brands including L'Oreal, Access Corporate Group and PepsiCo, while broadening partnerships with Asda and Mondelez. Today the Group also announces an agreement in principle to partner with the UK's leading wellness retailer Holland & Barrett”

[john09] 16/1/2024 09:40

Nutrition snippet

“ Myprotein was recognised as the fastest growing sports nutrition brand in the UK retail market. Recent launches include Sainsbury's, Asda & Iceland, whilst existing partnerships with Boots, Morrisons & Tesco have been extended.”

[john09] 16/1/2024 09:33

THG sales trend by last 4 quarters 👏

-14%
-11%
-2%
+1.1%

[francoismyname] 16/1/2024 09:22

Can’t say it much better myself

THG returns to growth in Q4

Tue, 16th Jan 2024 08:14Sharecast News
(Sharecast News) - E-commerce retailer THG returned to growth in Q4 as revenues rose in the final quarter of the year and H2 underlying earnings margins improved.

THG said on Tuesday that revenues were up 1.1% at £597.9m in Q4, its best quarterly performance of the year, driven by "pleasing" cyber trading and "an excellent operational performance". Its performance in the UK was said to be "especially strong", delivering around 9% revenue growth in Q4.

The London-listed firm also said Q4 was "another quarter of positive cash performance", supporting free cash flow breakeven for the year, which was delivered alongside roughly £125.0m of capex investments.

A combination of gross margin improvements, a return to growth in beauty manufacturing, and "significant cost savings" from automation, resulted in a "much-improved" H2 EBITDA margin performance.

THG also announces an agreement in principle to partner with retailer Holland & Barrett to provide direct-to-consumer operational service. The partnership will add roughly £175.0m of incremental GMV to its ingenuity operations and technology platform during 2024.

Chief executive Matthew Moulding said: "2023 was a year that threw up many challenges for all businesses, and I'm delighted in how the group not only responded to these challenges, but grew stronger through the year.

"A combination of automation and significant cost initiatives delivered in 2022, in addition to a receding inflationary environment, each played a key role in the Group delivering an expected record EBITDA performance after cash-adjusting items during 2023. This strong EBITDA profitability and efficient stock management generated positive operating cashflow of circa £170.0m."

As of 0910 GMT, THG shares were up 6.87% at 71.77p.

Reporting by Iain Gilbert at Sharecast.com

[francoismyname] 16/1/2024 09:18

Should stack up well Midas into the 2024 results. Great little purchase.

No income from it in the 2023 results

[havinthelasttoast] 16/1/2024 09:18

Melting Midas @ copyrighted.

Also it’s fried Franny

[redistributingwealth] 16/1/2024 09:16

Melting MIDAS trying another ramp !!

[midasx] 16/1/2024 09:15

The Group's $20m acquisition of US beauty brand Biossance completed in late December 2023. The brand was successfully re-platformed onto Ingenuity technology on 10(th) January.


Inspired acquisition for net Zero Cost, with approximately $500 Million having been spent developing the brand.

[redistributingwealth] 16/1/2024 09:14

Fried FRANNY desperatly trying to start a ramp !!!

[redistributingwealth] 16/1/2024 09:08

another one of your fantasy share trades, paid for with monopoly money then CHICKEN DIMWIT

[boix] 16/1/2024 09:07

In line with guidance.
Not much else to say.

[ch1ck] 16/1/2024 09:03

Seems to me that the markets like the numbersI topped up

[havinthelasttoast] 16/1/2024 09:02

Only ranpers could take big positives from that nonsense. Market isn’t impressed, didn’t even open with an auction.

Short if it reaches 75

None of the rampers actually believe what they are saying. Hehe

[midasx] 16/1/2024 09:01

Excellent update, Beauty and Ingenuity very strong recovery, back to growth, increasing EBITDA in all areas.

Hint of a potential deal in the US for one of the divisions, very positive progress.

Thought we were going to be trading at 45p not 4.5p up!

Sum of the parts valuation ?

[john09] 16/1/2024 09:00

Great update

[havinthelasttoast] 16/1/2024 08:58

Yeah right.

My protein Prices have been put up massively the last year, no Royal Mail strikes and still we went backwards on revenue. All beauty companies smashed it. We were miserable compared to them.

Due to over marketing I am already seeing pain. App in dec was only + 8 percent compared to + 25 in dec year on year and Jan is down massively year on year. Beauty is also tracking now behind year on year. So if this continues Q1 will be a massive miss. Obv it’s early days but Jan is a big month. If you miss massively in Jan will be hard to get it back.

Fair value. 44p

[redistributingwealth] 16/1/2024 08:54

Despite Fried FRANNY's begging and pleading: