Shares in The Beauty Tech Group have increased by over 7% after the firm increased its full-year expectations in its H1 trading update.

The at-home beauty technology firm said that in the six months to 30 June, it has continued to perform well, and anticipates that its revenue in H1 will be “materially ahead of the prior year period”. This growth has been seen across its core business, markets and channels.

It added that this performance, when combined with its “well-invested operating model”, has also driven margin improvement.

As a result, The Beauty Tech Group now anticipates that revenue and adjusted earnings for the year to 31 December will be ahead of current market expectations, being no less than £170m and £45m respectively.

This marks an increase from market expectations of £161.7m and £41.5m respectively.

CEO at The Beauty Tech Group, Laurence Newman, stated: "The strong performance delivered during the first half of the year reflects the quality and ever-growing awareness of the Group's innovative and premium beauty technology brands.

“We have achieved significant growth across our core business and across all key markets and channels, while our ongoing commitment to investment in research and clinical studies continues to underpin demand for our products. As a result, we are pleased to upgrade our FY26 expectations.

"With a number of product launches in the pipeline, coupled with the At-Home Beauty Device market continuing to grow at pace, we enter the second half of the year with positive momentum and I look forward to providing shareholders with a more detailed update in our Interims in September."

The group expects to publish its interim results for the six months to 30 June in September.

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