THG boss Matthew Moulding seemingly compared himself and his company to David Beckham and Robbie Williams today as the ecommerce firm’s shares soared after breaking even in 2023.
Revenue declined slightly to £1.99 billion, as the business changed strategy to focus on higher-margin products. That meant underlying profit at the business, known for its protein and beauty lines, is set to rise to £117 million, a record high. In cash terms, the business broke even.
