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(Sharecast News) - Shares in Beauty Tech Group shone on Thursday, after the skincare specialist said fourth-quarter trading had beaten expectations.
The British firm, known for its LED face masks and at-home laser treatments, said it had continued to perform "strongly" through November and December, with further strong sales growth seen across the core business as well as key markets and channels.
As a result, it now expects revenue and adjusted earnings before interest, tax, depreciation and amortisation for the year to December end to be no less than 136m and 35.5m respectively. Consensus had been for adjusted EBITDA of 32m on revenues of 128m.
It is the second time since Beauty Tech's October initial public offering that the firm has upgraded guidance.
As at 1230 GMT, the stock - which debuted on the London market last October - had jumped 6% to 310p.
Laurence Newman, co-founder and chief executive, said: "The group has delivered the best quarter in its history.
"The 2025 full year was a transformational year for us, culminating in our successful IPO, and 2026 has already got off to a strong start."
Berenberg, which has a 'buy' rating on the stock, said: "Management is confident in the group's outlook for the 2026 full year, underpinned by continued rising awareness of at-home beauty devices among consumers as well as Beauty Tech's multi-brand, multi-tech market-leading position.
"The shares remain far too cheap. When comparing current trading multiples, Beauty Tech trades as respective discounts of around 50% and 40% to the next 12 months' EV/EBITDA and P/E multiples of key peers."
Berenberg's current price target is 450p.
Beauty Tech is due to publish full-year numbers in April.
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