Skinny Tan owner to launch into new categories and increase NPD

Published: 8-Jul-2019
Finance

InnovaDerma saw a 21% increase in revenue for 2019

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Skinny Tan owner InnovaDerma has announced it is to increase product innovation and launch into new categories following strong revenue growth for its financial year.

The company, which makes a range of cosmetic and beauty products, has seen a 21% increase in revenue to £13m in the year ended 30 June 2019, up from £10.7m the previous year, while pre-tax profit is expected to more than double from £670,000.

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