Ghd positive

THE company behind hairstyling brand Ghd believes it has a bright future and is set to hit the £150m turnover mark.

Ghd Group Holdings, based in Leeds, posted £19.7m in earnings before interest, tax depreciation and amortisation (EBITDA) in 2009, up from £19.4m in 2008.

Ghd’s styling irons are sold around the world.

Ghd Group Holdings made a £4.9m pre-tax loss in 2009 but the figure includes £14m in interest paid on debt as part of a buyout of the firm in 2007.