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Up Glbl Srcg Hldgs Plc0.25P (UPGS)

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03-Nov-2020 09:00 AM

UP Global Sourcing cuts dividend as profits fall on pandemic order cancellations

UP Global Sourcing has reported lower profits and a cut to its full-year dividend as the coronavirus pandemic dented orders. The household brands group said the outbreak of coronavirus in China resulted in supply chain disruption earlier this year, which
07-Sep-2020 08:07 AM

Ultimate Products reinstates dividend, even as underlying profit slips 2.7%

Consumer goods group UP Global Sourcing, also known as Ultimate Products, said it would reinstate its interim dividend, even as its earnings slipped in the first half. Ultimate Products said it was reinstating its suspended 1.16p per share interim divide
06-Jul-2020 07:35 AM

UP Global Sourcing forecasts annual profit, revenue beat

Consumer goods group UP Global Sourcing, also known as Ultimate Products said it expected its annual profit and revenue to beat market expectations. 'Since the group provided its previous update on 8 June, the invoicing and delivery of its order boo
08-Jun-2020 07:42 AM

UP Global Sourcing forecasts earnings beat, even as revenue slips

Consumer goods group UP Global Sourcing, also known as Ultimate Products, said it expected to post underlying annual earnings above current market expectations. Invoiced revenue for the 2020 financial year, as at 5 June, had fallen to £97.2m, down
10-Feb-2020 07:41 AM

Ultimate Products revenue up 2.8%; monitoring coronavirus impact on business

Consumer goods group UP Global Sourcing, also known as Ultimate Products, said it had grown first-half revenue by 2.8% and that it was monitoring the impact of the coronvirus outbreak on its business in China. Revenue for the six months through January r
05-Nov-2019 07:47 AM

UP Global Sourcing annual profit up 50% as international revenue doubles

Consumer goods group UP Global Sourcing, also known as Ultimate Products, booked a 51% jump in annual profit as its international revenue doubled. Pre-tax profit for the year through July rose to £8.2m, up from £5.4m on-year. Revenue rose 41
19-Sep-2019 08:56 AM

Ultimate Products renews Russell Hobbs licence to 2023

Ultimate Products said it had renewed a trademark licence agreement with Spectrum Brands, giving it exclusive licence to use the 'Russell Hobbs' trademark in the UK and the EU until March 2023. Russell Hobbs is a British heritage kitchenware br
09-Sep-2019 08:02 AM

UP Global Sourcing sees annual adjusted profit jumping 51%

Consume goods group UP Global Sourcing, which trades as Ultimate Products, said it expected to post a 51% jump in annual adjusted profit. Underlying pre-tax profit for the year through July was seen rising to £8.5m, up from £5.6m on-year. Th
17-Jul-2019 08:17 AM

UP Global Sourcing upgrades profit guidance thanks to sales boost

Consumer goods group UP Global Sourcing Holdings, which trades as Ultimate Products, upgraded its annual profit guidance after it experienced better-than-expected sales in the second half. Revenue for the year through July was now expected at between &po
29-Apr-2019 07:20 AM

UP Global Sourcing profit jumps 48% on sales boost

Consumer goods supplier UP Global Sourcing Holdings, also known as Ultimate Products, posted a 48% rise in first-half profit as it boosted sales and held its margins steady. Pre-tax profit for the six months through January rose to £5.9m, up from &
11-Feb-2019 07:29 AM

UP Global Sourcing sees annual earnings beating current market expectations

Consumer goods group UP Global Sourcing, also known as Ultimate Products, said it saw its annual earnings beating current market expectations thanks to a jump in sales. Revenue for the six months through January rose 36% to £65.8m, driven by growth
07-Jan-2019 07:36 AM

UP Global Sourcing upgrades earnings guidance

Consumer goods group UP Global Sourcing Holdings, known as Ultimate Products, said it expected its earnings performance in the 2019 financial year to beat current market expectations. Positive momentum reported by the company in November had continued, i
06-Nov-2018 09:41 AM

UP Global Sourcing profit slumps amid 'difficult' UK retail environment

Consumer goods group UP Global Sourcing posted a 27% drop in annual profit and cut its dividend, as a tough UK retailing and environment and contract deferral from a big European customer crimped sales. Pre-tax profit for the year through July fell to &p
30-Apr-2018 09:11 AM

UP Global Sourcing profit falls 41% in 'tough' trading environment

Consumer goods distributor UP Global Sourcing said first-half profit tumbled 41% amid a 'much tougher trading environment' for UK general merchandise retailers. Pre-tax profit fell to £3.9m, as revenue slipped 29% to £48.4m. The co
12-Feb-2018 07:50 AM

Ultimate Products warns on profit as first-half revenue slips 29%

Consumer goods group Ultimate Products said first-half revenue slid 29% amid 'ongoing challenges' in the general merchandise retail market and caution from customers placing orders. Underlying Ebitda was now expected to be in the range of &poun
11-Sep-2017 07:49 AM

Ultimate Products warns revenue growth for 2018 'unlikely'

Ultimate Products warned revenue growth for FY18 is unlikely due to lower consumer confidence. sales increased by 39.1% to £110m (FY16: £79m), and continued to be driven by three main factors. These were growth in sales to discounters in th
 
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