THG (THG)

Sector:

Personal Goods

Index:

FTSE 250

42.60p
   
  • Change Today:
    -1.40p
  • 52 Week High: 53.90
  • 52 Week Low: 22.96
  • Currency: UK Pounds
  • Shares Issued: 1,390.69m
  • Volume: 7,008,985
  • Market Cap: £592.44m
  • RiskGrade: 166

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THG sells Claremont business for £103m, warns on profits

By Michele Maatouk

Date: Wednesday 06 Aug 2025

LONDON (ShareCast) - (Sharecast News) - THG warned on profits on Wednesday as it announced the sale of its Claremont Ingredients business to Nactarome Group for around £103m in cash.
Flavour specialist Nactarome is majority-owned by TA Associates. THG said the sale marks a significant return on investment for the group, which paid £52m for Claremont in 2020.

Cash disposal proceeds will contribute towards reducing net leverage and borrowing costs in line with the company's capital allocation strategy targeting a neutral net cash/net debt position.

THG also said that following the disposal, group FY 2025 and FY 2026 earnings before interest, tax, depreciation and amortisation are expected to be reduced by around £5m and £10m respectively.

Ahead of its interim results in September, the group said it expects first-half adjusted EBITDA of around £24m, down from £37.1m in the same period a year earlier, mainly due to "substantially higher" whey pricing year-on-year in Nutrition.

Chief executive Matthew Moulding said: "Claremont has been a huge success, building Myprotein's global licensing franchise from a standing start to partnering with category leading brands in just a few years.

"After receiving a highly competitive offer, the timing was right to realise that value. The level of interest we received is a testament to the quality of the business.

"This disposal highlights the significant value embedded across THG's portfolio. My sincere thanks go to the entire Claremont team for their fantastic contribution and hard work."

"Finally, the decisions we are taking as a business to support our customers and grow Myprotein's market share aligns clearly with our wider strategy to streamline the group and focus on our core strengths, whilst maintaining a strong balance sheet."

At 0915 BST, the shares were down 1.4% at 30.16p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

THG Market Data

Currency UK Pounds
Share Price 42.60p
Change Today -1.40p
% Change -3.18 %
52 Week High 53.90
52 Week Low 22.96
Volume 7,008,985
Shares Issued 1,390.69m
Market Cap £592.44m
RiskGrade 166

THG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
36.9% below the market average36.9% below the market average36.9% below the market average36.9% below the market average36.9% below the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Price Trend
79.24% below the market average79.24% below the market average79.24% below the market average79.24% below the market average79.24% below the market average
80% below the sector average80% below the sector average80% below the sector average80% below the sector average80% below the sector average
Income Not Available
Growth
50.24% below the market average50.24% below the market average50.24% below the market average50.24% below the market average50.24% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average

THG Dividends

No dividends found

Trades for 16-Oct-2025

Time Volume / Share Price
13:38 58,276 @ 42.68p
13:35 451 @ 42.60p
13:35 3,555 @ 42.60p
13:35 3 @ 42.62p
13:32 7,078 @ 42.62p

THG Key Personnel

CEO Matthew Moulding
CFO Damian Sanders
Chair Charles Allen

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