Beauty Tech raises earnings outlook and announces share buyback
(Alliance News) - Beauty Tech Group PLC on Thursday said it enters the second half of 2026 with "real momentum" as it increased earnings guidance for the full-year.
The Cheshire, England-based seller of at-home beauty treatment technology now expects 2026 adjusted earnings before interest, tax, depreciation and amortisation to be no less than GBP48.5 million, raised from guidance of GBP45 million provided in July.
This would be up 29% from GBP37.5 million in 2025, which itself was 64% higher than GBP22.9 million in 2024.
The improved outlook came as the firm released half-year results which it said were ahead of original expectations across all key metrics.
Pretax profit more than trebled to GBP17.5 million for the six months ended June 30 from GBP5.0 million a year earlier, as revenue jumped 44% to GBP79.7 million from GBP55.2 million.
The improved profitability reflects "strong margin growth" and the removal of pre-initial public offer financing costs, the firm explained.
Adjusted Ebitda rose 53% to GBP21.3 million from GBP13.9 million, with its margin improving to 26.7% from 25.2%.
The company proposed no interim dividend but did announce a GBP20 million share buyback programme which is expected to start in the next four weeks.
In response, Beauty Tech stock was up 13% to 395.00 pence Thursday in London, giving the company a market capitalisation of just over GBP437 million.
Beauty Tech listed in October last year at 271p, so the stock is up more than 45% since then.
"We have entered the second half, typically our strongest period of trading, with real momentum and a significant launch pipeline, and as a result I remain confident in the outlook for the year," commented Chief Executive Laurence Newman.
Beauty Tech said it remains confident it will deliver full-year revenue of at least GBP170 million, in line with upgraded guidance issued in July.
In 2025, the firm reported revenue of GBP141.0 million up 39% from GBP101.1 million in 2024.
By Jeremy Cutler, Alliance News reporter
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