Beauty Tech shares jump after profit outlook raise

Beauty Tech

08/01/2026 09:13

** Shares in Beauty Tech Group TBTG.L gain as much as 9.2% to 319 pence after co raises 2025 outlook

** Says group continued to perform strongly through November and December

** TBTG expects 2025 revenue and core profit be no less than 136 million pounds ($182.80 million) and 35.5 million pounds, respectively - ahead of current market expectations

** Group remains confident in its outlook for 2026 on the back of "increasing awareness" of at-home beauty device sector

** Co makes and sells at-home beauty devices using lights and lasers

** Berenberg raises its price target on stock to 450p from 420p following update

** TBTG had also raised its outlook in November after London debut in October

** Stock has risen about 7% since IPO, including session's gains

($1 = 0.7440 pounds)

 (Reporting by Neeshita Beura in Bengaluru)

 ((Neeshita.Beura@thomsonreuters.com))