STOCK WATCH

BOOMING half-year sales failed to lift shares at beauty products firm Innovaderma.

The Skinny Tan owner dropped 13pc, or 34.5p, to 231p despite saying it expects sales and profits to be strong in the second half.

It came as it revealed a 31pc jump in sales to £4.2m in the six months to the end of December, thanks to strong demand for its Roots hair care range.

It expects Skinny Tan’s growth to accelerate in the second half as partners add more products to their stores.