Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  UP Global Sourcing Holdings plc    UPGS   GB00BYX7MG58

UP GLOBAL SOURCING HOLDINGS PLC

(UPGS)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

UP Global Sourcing : Equity Development publishes research note

02/10/2020 | 04:23am EST
RNS Reach Story
Go to market news section
Equity Development publishes research note
Released 09:17 10-Feb-2020



RNS Number : 4729C
UP Global Sourcing Holdings PLC
10 February 2020

10 February 2020

UP Global Sourcing Holdings plc
'Ultimate Products' or 'the Group'

EQUITY DEVELOPMENT PUBLISHES RESEARCH NOTE

Ultimate Products (LSE: UPGS), the owner, manager, designer and developer of an extensive range of value-focused consumer goods brands, today welcomes the publication of an analyst report by Equity Development Limited, an experienced investment research and advisory company.

A copy of the report is available at:

https://www.equitydevelopment.co.uk/company/?company=UP+Global+Sourcing+Holdings+plc&c=2cTO

For more information on Ultimate Products, please contact:

Ultimate Products +44 (0) 161 627 1400

Simon Showman, CEO

Andrew Gossage, Managing Director

Graham Screawn, Chief Financial Officer

Powerscourt +44 (0) 207 250 1446

Rob Greening

Sam Austrums

Notes to Editors

Ultimate Products is an owner, manager, designer and developer of a series of well-known brands focused on the home, selling to over 300 retailers across 38 countries. It has six product categories: Audio; Heating and Cooling; Housewares; Laundry; Luggage; and Small Domestic Appliances. Its brands include Beldray (laundry, floor care, heating and cooling), Intempo (audio), Salter (kitchenware), Constellation (luggage), and Progress (cookware and bakeware).

The Group's products are sold to a broad cross-section of both large national and international multi-channel retailers as well as smaller national retail chains, incorporating discount retailers, supermarkets, general retailers and online retailers. Its best-selling products include frying pans, mugs and speakers, selling approximately one million of each every year.

Founded in 1997, Ultimate Products is headquartered in Oldham, Greater Manchester, where it has design, sales, marketing, buying, quality assurance, support functions and warehouse facilities across two sites. Manor Mill, the Group's head office, includes a spectacular 20,000 sq ft showroom that showcases each of its brands. In addition, the Group has an office and showroom in Guangzhou, China and in Cologne, Germany.

Ultimate Products' graduate development scheme was launched in 2012 and in 2018 it welcomed its one-hundredth graduate. In total, Ultimate Products now employs over 300 staff.

Please note that Ultimate Products is not the owner of Russell Hobbs or Salter. The company currently has licence agreements in place granting it an exclusive licence to use the 'Russell Hobbs' trademark for cookware (NB this does not include Russell Hobbs electrical appliances) and the 'Salter' trademark for electrical and cookware (NB this does not include Salter scales).

For further information, please visit www.upgs.com


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
NRATMMLTMTBBMJM
Close
London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.
©2014London Stock Exchange plc. All rights reserved



Equity Development publishes research note - RNS

Disclaimer

UP Global Sourcing Holdings plc published this content on 10 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 February 2020 09:22:00 UTC


© Publicnow 2020
All news about UP GLOBAL SOURCING HOLDINGS PLC
2020CHELVERTON UK DIVIDEND TRUST PLC : Half-Yearly -4-
DJ
2020Earnings Flash (UPGS.L) UP GLOBAL SOURCING HOLDINGS Reports FY20 EPS GBX8.30
MT
2020Earnings Flash (UPGS.L) UP GLOBAL SOURCING Posts FY20 Revenue GBP115.7M
MT
2020UP GLOBAL SOURCING HOLDINGS PLC : annual sales release
2020UP GLOBAL SOURCING : Replacement - EBT Share Purchase
PU
2020UP GLOBAL SOURCING : EBT Share Purchase
PU
2020UP GLOBAL SOURCING : EBT Share Purchase
PU
2020UP GLOBAL SOURCING : Equity Development publishes research note
PU
2018FTSE rebounds as commodities stocks recover
RE
More news
Financials
Sales 2021 131 M 180 M 180 M
Net income 2021 - - -
Net Debt 2021 10,1 M 13,8 M 13,8 M
P/E ratio 2021 -
Yield 2021 3,47%
Capitalization 108 M 148 M 148 M
EV / Sales 2021 0,90x
EV / Sales 2022 0,84x
Nbr of Employees 271
Free-Float 48,0%
Chart UP GLOBAL SOURCING HOLDINGS PLC
Duration : Period :
UP Global Sourcing Holdings plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends UP GLOBAL SOURCING HOLDINGS PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
 
Mean consensus -
Number of Analysts 2
Average target price 150,00 GBX
Last Close Price 138,50 GBX
Spread / Highest target 8,30%
Spread / Average Target 8,30%
Spread / Lowest Target 8,30%
Managers and Directors
NameTitle
Simon Adam Showman Chief Executive Officer & Executive Director
Barry Franks President
James John McCarthy Independent Non-Executive Chairman
Graham Screawn CFO, Secretary & Executive Director
Andrew Gossage Executive Director & Managing Director
Sector and Competitors
1st jan.Capitalization (M$)
UP GLOBAL SOURCING HOLDINGS PLC14.94%148
QINGDAO HAIER16.91%34 667
BEIJING ROBOROCK TECHNOLOGY CO., LTD.19.69%12 754
WHIRLPOOL9.82%12 397
ECOVACS ROBOTICS CO., LTD.33.35%10 278
JS GLOBAL LIFESTYLE COMPANY LIMITED27.64%8 605