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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  THG Plc    THG   GB00BMTV7393

THG PLC

(THG)
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THG : TO CREATE HUNDREDS OF JOBS IN THE NORTH WEST...

10/22/2020 | 01:05pm EST

The Manchester-based technology business, THG, is announcing that between now and the end of the year it will create a further 500 permanent jobs across its business in the North West of England, as it approaches its peak trading period. The recruitment drive will offer opportunities for a huge variety of roles across the region, on top of the 2,000 new roles the business has already created in the last 12 months.

The majority of positions will be in the Group's technology services division, THG Ingenuity, which has seen rapid growth in demand over the past 12 months, as an increasing number of businesses look to diversify and enhance their direct-to-consumer capabilities.

Matthew Moulding, Founder, CEO and Chairman of THG: 'It is an uncertain time for many people and businesses alike. This uncertainty has led to an unprecedented opportunity for THG to add to our exceptionally talented workforce. With our busiest trading period of the year approaching, we are excited to welcome 500 new starters ahead of Christmas.

'Our headquarters are in Manchester, and this recruitment drive will create sustainable and rewarding jobs for people across the North West, and will provide opportunities for all ages, backgrounds and abilities. There has never been a greater or more important time to invest in the people of Greater Manchester and the surrounding area.'

THG is also working with local partners to launch an in-house Skills Academy, to retrain people who are out of work as a result of the ongoing pandemic and offer them sustainable employment.

Currently THG employs more than 8,000 people across its global offices and fulfilment centres, adding more than 2,000 new employees over the past year. Since the beginning of the year, THG has continued to invest heavily in its Graduate and Apprenticeship Programmes, with more than 200 graduates and 120 apprentices joining the business over the last 12 months and plans to more than triple the intake in 2021 across all areas of THG, including Technology, Customer Service, Finance and Operations.

Job openings at THG can be found at https://www.thg.com/careers/

Disclaimer

THG Holdings plc published this content on 22 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2020 17:04:03 UTC


© Publicnow 2020
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Financials
Sales 2020 1 605 M 2 191 M 2 191 M
Net income 2020 -121 M -165 M -165 M
Net cash 2020 173 M 236 M 236 M
P/E ratio 2020 -81,3x
Yield 2020 -
Capitalization 7 870 M 10 785 M 10 743 M
EV / Sales 2020 4,80x
EV / Sales 2021 3,83x
Nbr of Employees 7 000
Free-Float 80,6%
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 11
Average target price 894,09 GBX
Last Close Price 728,50 GBX
Spread / Highest target 37,3%
Spread / Average Target 22,7%
Spread / Lowest Target -8,03%
EPS Revisions
Managers and Directors
NameTitle
Matthew John Moulding Executive Chairman & Chief Executive Officer
John Andrew Gallemore Chief Financial Officer & Director
Schalk van der Merwe Chief Technology Officer
Iain McDonald Non-Executive Director
Dominic Patrick Murphy Independent Non-Executive Director
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