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Revolution Beauty Reports Profit and Optimistic Outlook
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Revolution Beauty Reports Profit and Optimistic Outlook

Revolution Beauty Group plc (GB:REVB) has released an update.

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Revolution Beauty Group plc has reported a return to profitability with a full-year profit before tax of £11.4m, marking a significant recovery from the previous year’s £33.9m loss. The beauty innovator’s revenue increased modestly by 2% to £191.3m, while a strategic cost savings program and improved gross margins contributed to a healthier financial position. Looking ahead, the company anticipates a revenue dip in the first half of FY25 but expects to return to growth in the latter half fueled by product innovations and global retail expansion.

For further insights into GB:REVB stock, check out TipRanks’ Stock Analysis page.

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