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Beauty Tech Group PLC on Wednesday said it anticipates full-year results ahead of current market expectations as it hailed a ‘strong performance’ driven by increased popularity of the at-home beauty device sector. Shares in Beauty Tech rose 9.9% to 245.00 pence on Wednesday afternoon in London. The Cheshire, England-based firm, which sells laser devices and LED face masks under the Tria Laser, CurrentSkin and Ziip Beauty brands, said it anticipates that revenue and adjusted earnings before interest, taxes, depreciation, and amortisation will be ahead of market expectations. Current market expectations for the year ending December 31 are for £117.0 million in revenue and £29.7 million in adjusted Ebitda. Last year, the company reported revenue of £101.1 million and adjusted Ebitda of £22.9 million. Beauty Tech said the sales growth results from an increasing awareness of the at-home beauty device sector and the group’s ‘market leading’ products. Chief Executive Laurence Newman said: ‘I am pleased to report that the strong trading momentum the Group experienced in Q3 has continued into Q4. There is no doubt that the successful IPO has added to the growing awareness of both the Beauty Tech Group and the at-home beauty device sector in which we operate. ‘We are excited to enter the important Black Friday and Christmas trading period in a strong financial and operational position, and I look forward to updating shareholders on our full year performance in January.’ Copyright 2025 Alliance News Ltd. All Rights Reserved.
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