Beauty Tech Group upgrades profit forecast after strong first half

The Beauty Tech Group, the recently-listed at-home beauty device business that’s quoted on the London Stock Exchange, appears to be going from strength to strength.

On Tuesday the company issued a trading update for the first half of FY26 and also upgraded its expectations for the full year.

The January to June period saw it continuing “to perform well… and it is anticipated that revenue in H1 FY26 will be materially ahead of the prior year period”. 

Growth was seen across the core business and in all key markets and channels. Combined with its “well-invested operating model”, this has also driven margin improvement.

So what about that upgraded guidance? It’s now expecting that revenue and adjusted EBITDA for the year ending 31 December will be ahead of current market expectations that had been set at around revenue of £161.7 million and adjusted EBITDA of £41.5 million. But the first figure will now be no less than £170 million and the second at least £45 million.

Confirmed results for the six moths to the end of June will be published in September and it’s likely to update on its ongoing progress in H2 at that point..

CEO Laurence Newman said of the latest announcement: “The strong performance delivered during the first half of the year reflects the quality and ever-growing awareness of the group’s innovative and premium beauty technology brands. We have achieved significant growth across our core business and across all key markets and channels, while our ongoing commitment to investment in research and clinical studies continues to underpin demand for our products. As a result, we are pleased to upgrade our FY26 expectations.

“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.”