Facebook
Britain's News Portal
Around The Clock
BREAKING
Loading latest headlines…

Beauty Tech Group's First-Half Profit More Than Triples to £17.5m

The Beauty Tech Group has reported a significant increase in its first-half profit, which more than tripled to £17.5m, driven by strong demand for at-home beauty devices.

  • Pre-tax profit for the six months to June reached £17.5m, up from £5m a year earlier.
  • Revenue climbed 44.3% to £79.7m.
  • The group expects full-year revenue of at least £170m.

The Beauty Tech Group, owner of brands including Currentbody Skin, ZIIP Beauty, and Tria Laser, has announced a more than threefold increase in its first-half pre-tax profit. For the six months ending June, profit reached £17.5m, compared to £5m in the same period last year.

This growth was supported by a 44.3% rise in revenue, which hit £79.7m, up from £55.2m. Gross profit also saw a substantial increase of 52.8% to £51.3m.

The Manchester-founded company, which debuted on the London Stock Exchange in October last year, attributed its performance to the increasing demand for at-home beauty devices. Its CurrentBody LED face masks are among its well-known products.

The group stated that its first-half trading surpassed expectations and has maintained its upgraded full-year revenue forecast of at least £170m, initially issued in July. It also raised its expectations for underlying earnings.

The business concluded June with £52m in cash and no debt, an increase from £40.8m at the end of 2025. The company has also announced plans for a share buyback programme of up to £20m, but no interim dividend will be distributed.

Founder and chief executive Laurence Newman noted that at-home beauty technology is the fastest-growing segment of the beauty market. The company is entering the second half, typically its strongest trading period, with momentum and a significant launch pipeline.

Why this matters: The results highlight the growing consumer shift towards at-home beauty treatments and the financial success of companies capitalising on this trend.

Related Articles

Get the news that matters.

Join thousands of readers getting the best of British news straight to their inbox.