Beauty Tech shares rises as upgrades earnings guidance
Shares in Beauty Tech Group PLC got a boost on Tuesday after the seller of at-home beauty treatment technology said its annual results will beat market expectations.
The stock was up 8.0% to 359.50 pence early Tuesday in London, giving the Cheshire, England-based company a market capitalisation just short of £400 million.
Beauty Tech listed in October last year at 271p, so the stock is up more than 30% since then.
In a trading update for the six months that ended June 30, Beauty Tech said half-year revenue was "materially ahead" of a year before. It didn't provide the revenue figure. The company said it will publish its interim results in September.
For 2025, Beauty Tech reported £141.0 million in revenue.
It said it now expects to record revenue for all of 2026 of no less than £170 million, which would be up 21% and is 5.1% above current market expectations cited by the company of £161.7 million.
Beauty Tech said the revenue growth will be complemented by improvement in profit margin.
As a result, 2026 adjusted earnings before interest, tax, depreciation and amortisation will be no less than £45 million, 8.4% above market expectations of £41.5 million and 20% above 2025 adjusted Ebitda of £37.5 million.
Beauty Tech said growth in the first half of the year was across its core business and in all key markets and channels.
"With a number of product launches in the pipeline, coupled with the At-Home Beauty Device market continuing to grow at pace, we enter the second half of the year with positive momentum," said Chief Executive Officer Laurence Newman.
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