Jan 18, 2022 / 09:00AM GMT
Matthew J. Moulding - THG Plc - CEO & Executive Chairman
Good morning, everybody, and welcome to THG's fourth quarter trading update. I am Matthew Moulding, and with me today are a number of the senior management team, including John Gallemore, CFO; and Steve Whitehead, Group Commercial Director. I will run you through the headlines from today's announcement, and then we will open the line to questions. We are very pleased to be reporting record full year sales of GBP 2.2 billion, in line with guidance following continued strong growth in the final quarter. This is particularly pleasing considering the lockdown comparables from Q4 2020 and the wider challenging macro environment.
On a constant currency basis, the 2-year growth rate was circa 95% for both the full year and during Q4. Even after adjusting for M&A contributions, we have scaled revenue and expanded our business model, particularly ingenuity, well ahead of expectations given at our IPO 16 months ago. At IPO, we guided the market to 2021 revenues of circa GBP 1.75 billion and are pleased to be reporting GBP 2.2 billion,
Q4 2021 THG PLC Corporate Sales Call Transcript
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