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The latest announcement is out from Ultimate Products plc ( (GB:ULTP) ).
Ultimate Products plc reported a 3.4% decline in unaudited group revenues to £150.1m for the financial year ending July 31, 2025, attributed to subdued consumer demand. Despite the overall revenue drop, sales of UP brands increased by 4.3%, highlighting their importance in driving long-term value. The company faced a 31% decrease in adjusted EBITDA due to increased freight costs, while net bank debt rose to £14.1m. The board is considering moving its listing from the London Stock Exchange’s Main Market to AIM to potentially access new investors. CEO Andrew Gossage expressed confidence in the company’s strategic investments and operational improvements to capture market opportunities and ensure sustainable growth.
The most recent analyst rating on (GB:ULTP) stock is a Buy with a £80.00 price target. To see the full list of analyst forecasts on Ultimate Products plc stock, see the GB:ULTP Stock Forecast page.
Spark’s Take on GB:ULTP Stock
According to Spark, TipRanks’ AI Analyst, GB:ULTP is a Neutral.
The stock’s overall score is driven by its strong valuation and solid financial performance. However, technical indicators suggest bearish momentum, which could pose short-term risks. The company’s strategic initiatives, such as share buybacks, further support its long-term attractiveness.
To see Spark’s full report on GB:ULTP stock, click here.
More about Ultimate Products plc
Ultimate Products plc is a prominent player in the homeware industry, owning several leading brands such as Salter and Beldray. The company specializes in five product categories: Small Domestic Appliances, Housewares, Laundry, Audio, and Heating and Cooling. It sells to over 300 retailers across 38 countries, catering to a broad range of retailers including discount stores, supermarkets, and online platforms. Established in 1997 and headquartered in Oldham, Greater Manchester, Ultimate Products employs over 370 staff and has additional offices in Guangzhou, China, and Paris, France.
Average Trading Volume: 453,538
Technical Sentiment Signal: Sell
Current Market Cap: £45.59M
Learn more about ULTP stock on TipRanks’ Stock Analysis page.
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