Despite slower than expected sales growth, UPGS reconfirmed FY2020 profit guidance in a trading statement released today. Other features of H1 included extension of UPGS’s bank facilities and a 10-year addition to the Manor Mill lease. The company continues to monitor the effect of coronavirus closely, and its potential impact on sourcing from China. The central long-term growth message remains in place.
10 Feb 2020
EBITDA margin sustains profit growth
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EBITDA margin sustains profit growth
Ultimate Products PLC (ULTP:LON) | 164 5.7 2.1% | Mkt Cap: 146.7m
- Published:
10 Feb 2020 -
Author:
Chris Wickham -
Pages:
4
Despite slower than expected sales growth, UPGS reconfirmed FY2020 profit guidance in a trading statement released today. Other features of H1 included extension of UPGS’s bank facilities and a 10-year addition to the Manor Mill lease. The company continues to monitor the effect of coronavirus closely, and its potential impact on sourcing from China. The central long-term growth message remains in place.