The Beauty Tech Group has upgraded its profit guidance as demand for at-home beauty treatments like microcurrent facials and laser hair removal grows.
The group, which owns beauty retailers Current Body, Ziip Beauty and Tria Laser, anticipates both revenue and profits will be ahead of market expectations and “materially ahead of the prior year period” following growth across all of its markets.
The group said in a statement to markets this morning that “revenue and adjusted EBITDA for the year ending December 31, 2026, will be ahead of current market expectations, being no less than £170m and £45m, respectively.”
The new outlook marks an upgrade from the previously anticipated revenue of £161.7m and adjusted EBITDA of £41.5m.
The Beauty Tech Group’s retail brands specialise in at-home beauty treatments, including laser hair removal tools, and LED, RF and microcurrent therapies, the use of which was rapidly growing across its markets, including the UK, US and China, it said.
The Beauty Tech Group chief executive Laurence Newman said: “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 and I look forward to providing shareholders with a more detailed update in our interims in September.”
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