Full Year 2025 THG PLC Earnings Call Transcript

Mar 26, 2026 / 09:00 AM GMT

Release Date Price: £0.3344 (+5.82%)

Transcript

Key Points

Positve

THG PLC (FRA:HG0) reported a full year revenue growth of 2.3%, with significant contributions from THG Beauty, particularly in the UK.
The company successfully completed the demerger of THG Ingenuity, creating a more focused consumer brands business.
THG Beauty saw a 16.2% increase in sales during the cyber trading period, highlighting strong performance in key markets.
The company achieved a significant improvement in distribution and payroll costs, driven by efficiency measures and AI adoption.
THG PLC (FRA:HG0) extended its debt maturity profile to 2029 and reduced gross borrowings, closing the year with a solid liquidity position of 333 million.

Negative

THG Nutrition faced challenges due to high commodity prices and currency fluctuations, impacting margins.
The strategic repositioning of THG Beauty's own brand portfolio caused a short-term drag on revenue.
The company experienced a working capital outflow of 23 million due to strategic investment in beauty inventory.
The shift away from the D2C model in Asia led to temporary sales reductions in those regions.
The company faced substantial headwinds from adverse foreign exchange movements and non-recurring items, impacting overall performance.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

THG.L - THG PLC
Full Year 2025 THG PLC Earnings Call
Mar 26, 2026 / 09:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
I do like put it like this.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Good morning all. 2025 was a transformational year for THG.

The successful demerger of ingenuity at the start of the period has reshaped the group, creating a more focused and agile consumer brands business, well positioned for future cash generation.

We delivered full year revenue growth of 2.3%, representing a pleasing recovery from the first half, underscoring the positive momentum entering H12026. The recovery was led by THG Beauty. Which delivered a standout second half performance, looking at the

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.