THG predicts increase in profitability ahead of AGM

MyProtein

THG says it expects an increase in profitability in the first half of 2023 as it continues its “successful focus on profitability and cash generation”.

Ahead of its annual general meeting today, THG reported “strong” second quarter trading and said it expects an increase in profitability in the first half of 2023 with adjusted EBITDA in the range of £44m to £47m.

 

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