{"id":991,"date":"2023-01-31T10:09:28","date_gmt":"2023-01-31T10:09:28","guid":{"rendered":"https:\/\/www.westcoastcapital.co.uk\/q4-2022-trading-statement\/"},"modified":"2023-01-31T10:09:28","modified_gmt":"2023-01-31T10:09:28","slug":"q4-2022-trading-statement","status":"publish","type":"post","link":"https:\/\/www.westcoastcapital.co.uk\/q4-2022-trading-statement\/","title":{"rendered":"Q4 2022 Trading Statement"},"content":{"rendered":"
THG PLC (\u201cTHG\u201d or the \u201cGroup\u201d)<\/strong><\/p>\n Trading statement for the period ended 31 December 2022 Record sales in FY 2022 with comprehensive cost action taken to increase profitability THG PLC (\u201cTHG\u201d or the \u201cGroup\u201d), the proprietary technology platform specialising in taking brands direct to 1<\/sub>Includes the UK, US and key international territories with attractive market sizes and THG localised product, digital content and physical
<\/strong><\/p>\n
H2 2022 cash generation driving strong balance sheet<\/em><\/strong><\/p>\n
consumers (\u201cD2C\u201d) globally, announces its trading update for the period ended 31 December 2022 (\u201cFY 2022\u201d).<\/p>\n\n
territories1<\/sup>.<\/li>\n
infrastructure (accounting for over 50% of Group FY 2022 revenue)
2 <\/sub>Group free cash generation is calculated after working capital, capital expenditure, adjusting items, tax and financing (prior to debt
capital repayments)<\/em><\/p>\n<\/p>\nFY 2022 Group trading performance<\/strong><\/h2>\n<\/p>\n