Ultimate Products
Ticker: ULTP Exchange: LSE www.upplc.com

Ultimate Products plc (ULTP) develops new, innovative concepts and brings professional, sought-after products to the mass market. Their offices span two continents, with headquarters in the UK, a sourcing office and showroom in China and a further showroom in Continental Europe. Key owned brands include Salter, Beldray, Progress, Kleeneze, Petra and Intempo. The company also markets non-electrical Russell Hobbs products under licence, now on a rolling four-year basis.

Ultimate Products - FY Results - Investor Presentation video - 6 November 2023

Simon Showman (CEO), Andrew Gossage (Managing Director) and Chris Dent (CFO) of Ultimate Products ran investors through highlights of their Full Year Results for the period to 31st July 2023, which saw an 8% increase in revenue and +11% in gross profit, achieved with no overall price inflation.

Management provided a detailed financial overview and discussed the new European showroom in Paris as a catalyst for European expansion. The presenting team also answered a wide range of questions from the viewing audience.

The full video has been divided into chapters for ease of viewing, as below:
0:00:00 Beginning, team introduction
0:00:21 Highlights of FY23 period
0:02:24 Strategy
0:11:06 Financials
0:21:48 Summary & Outlook
0:23:38 Questions & Answers

 

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