Revolution Beauty returns to profit after ‘challenging’ two years
The group’s return to profitability comes as it carried out a new strategy to focus on the Revolution Masterbrand and core product categories
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Revolution Beauty has returned to profit in its latest full-year results, as the group reaped the benefits of its ongoing strategic plan to focus on core product categories. In the year ended 29 February 2024, profit-before-tax hit £11.4m, up from a loss of £33.9m the prior year. Revenues rose slightly over the period, by 2% to £191.3m, though online sales fell as more shoppers continued to return to the high street.