THG upgrades profit guidance as whey prices drop

muller myprotein mixers

Group adjusted EBITDA is now expected to reach £103m for the full year, ahead of analysts’ expectations of £101.7m, as profits improve in the group’s Nutrition division

Myprotein owner and beauty supplier THG has upgraded its profit forecasts for the year, as it prepares to deliver its first year of positive free cash flow since its 2020 IPO.

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