THG PLC (LSE:THG) shares were on the front foot in Tuesday morning's trade, as it gave investors a fourth-quarter trading update citing stronger-than-guided performance in the second half of 2025.
The group, in a trading update for the period ended 31 December, said H2 revenue increased 6.7% year-on-year on a constant-currency basis, about 14% ahead of the top end of its 3.9% to 5.9% guidance range.
It said fourth-quarter group revenue amounted to £527.4 million, up 7% on a continuing constant-currency basis, with THG Beauty achieving revenue of £370.2 million and THG Nutrition generating revenue of £157.2 million.
Full-year revenue totalled £1.72 billion on a constant-currency basis, marking what THG described as its first year of growth since 2021.
THG said THG Beauty delivered 5.5% H2 revenue growth, ahead of its guidance range, and THG Nutrition delivered 9.2% H2 revenue growth, which the company said was 12.7% excluding Asia.
It added that FY2025 earnings (adjusted EBITDA) expectations remain unchanged, and in line with the company consensus range.
THG noted it ended the year with more than £330 million of cash and available facilities.
In London, THG shares were up 6.27% changing hands at 50.92p each.