THG Annual Report 2016 – a record breaking year for sales, international growth and talent investment
The Hut Group announces 2016 as a record-breaking year for Sales, International Growth and Talent Investment.
- Sales finished up 50% to £501M.
- EBITDA grew 67% to £50M.
- £252M investment in to drive international and domestic expansion
- Over 1,200 jobs created in the UK alone
- International Sales (non-UK) grew 89%
- £87.6M cash generated from operations (174% of EBITDA)
- £174M cash and cash equivalents at end of year
Acquisitions include Grow Gorgeous, Skinstore, Hale Country Club and Skincare RX, all completed in just 12 months.