Revolution Beauty Group (REVB) Trading update summary

Financial performance and trading update

• Adjusted EBITDA expected to be at least £2m, a significant improvement from a £12.5m loss in the prior year first half.

• Revenues remained broadly in line with last year, but gross margin improved by over 10 percentage points.

• Profitability at the EBITDA level has been achieved every month for the past twelve months due to strong cost discipline.

• Online sales grew 22% year-on-year in the first half, indicating positive momentum.

• Trading is comfortably ahead of market expectations, with management changes to products and ranges showing positive impact.

Operational highlights and outlook

• Retail footprint includes approximately 17,500 doors across major UK, US, and international chains.

• Customer base primarily aged 16–35, reached via digital partners and direct-to-consumer platform.

• Supply chain streamlined with UK manufacturing and third-party warehousing in the UK and USA.

• Employs 231 people with offices in the UK and USA.

• Interim results for the six months to 31 August 2026 will be announced on 27 October 2026, with an investor presentation scheduled.