The Hut Group slips to full-year loss due to multiple ‘non-recurring’ costs
The Hut Group has incurred an operating loss for the last financial year due to a series of “non-recurring, non-cash events”, most notably linked to its IPO during the period.
For the financial year ending December 31, 2020, THG said it had incurred operating losses of £481.8m driven by four non-recurring, mostly one-off, costs.
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