The Beauty Tech Group raises annual forecasts after strong first-half growth
Strong demand for at-home beauty devices is prompting The Beauty Tech Group to lift its revenue and profit outlook for the year ending December 31. The upgraded guidance comes as the British company says growth across its core brands and key markets keeps momentum in the first six months of 2026.
Highlights
- The Beauty Tech Group raised annual revenue guidance to no less than £170 million and adjusted core profit to at least £45 million, both above analyst forecasts.
- Half-year revenue is expected to be materially ahead of last year's level, reflecting strong first-half performance.
- Chief executive Laurence Newman cites strong second-half momentum supported by new product launches and growth in the at-home beauty device market.
Upgraded guidance and first-half momentum
As reported by Reuters, The Beauty Tech Group now expects annual revenue of no less than £170 million and adjusted core profit of at least £45 million for the full year.Those forecasts are above analyst expectations of £161.7 million in revenue and £41.5 million in adjusted core profit, based on a company-compiled consensus. The company also says half-year revenue is expected to come in materially ahead of the same period last year.
Product pipeline and market outlook
Chief executive Laurence Newman says the company enters the second half with positive momentum, supported by a pipeline of product launches and continued expansion in the at-home beauty device market.The group is scheduled to publish its interim results for the six months to June 30, 2026, in September. The updated outlook signals confidence that current trading strength is carrying into the rest of the year.
Robinhood’s HOOD rally on record June trading volumes and new platform launches was the focus of our earlier coverage. We noted that heightened activity across equities, options, and crypto boosted transactional revenue, while new AI trading tools and additional offerings strengthened the company’s operational momentum. Our analysis also highlighted a bullish technical setup, with consolidation likely near key support and resistance levels.
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