#ULTP.L - Finals
➡️OUTLOOK: "Current trading remains in line with market expectations"
➡️FY Rev down 3%, GM's down 6%, adj PBT down 28%, divi cut, leverage down to 0.9x
➡️Questionable adjustments for ERP project costs.
➡️ #SHOE mention higher incoming container rates not mentioned by #ULTP 🤔
➡️OUTLOOK: "Current trading remains in line with market expectations"
➡️FY Rev down 3%, GM's down 6%, adj PBT down 28%, divi cut, leverage down to 0.9x
➡️Questionable adjustments for ERP project costs.
➡️ #SHOE mention higher incoming container rates not mentioned by #ULTP 🤔
October 27, 2026 at 7:31 AM
MrC's Smallcap Sweep. Who let the gas out?
CSC,REVB,SHOE,LPA,RCN,SUS,NCC,TRB,SYS1,AIRE,LUCE,IHC,SYM,LBG,IGR,ALU,ULTP
Chesterfield Special Cylinders guides FY-Oct adj EBITDA in line but rev c.£15.6m down 6%. Neglects to mention that rev is a miss on consensus.
Read it at shareideas.uk (sub)
CSC,REVB,SHOE,LPA,RCN,SUS,NCC,TRB,SYS1,AIRE,LUCE,IHC,SYM,LBG,IGR,ALU,ULTP
Chesterfield Special Cylinders guides FY-Oct adj EBITDA in line but rev c.£15.6m down 6%. Neglects to mention that rev is a miss on consensus.
Read it at shareideas.uk (sub)
October 27, 2026 at 7:49 AM
MrC's Smallcap Sweep. Who let the gas out?
CSC,REVB,SHOE,LPA,RCN,SUS,NCC,TRB,SYS1,AIRE,LUCE,IHC,SYM,LBG,IGR,ALU,ULTP
Chesterfield Special Cylinders guides FY-Oct adj EBITDA in line but rev c.£15.6m down 6%. Neglects to mention that rev is a miss on consensus.
Read it at shareideas.uk (sub)
CSC,REVB,SHOE,LPA,RCN,SUS,NCC,TRB,SYS1,AIRE,LUCE,IHC,SYM,LBG,IGR,ALU,ULTP
Chesterfield Special Cylinders guides FY-Oct adj EBITDA in line but rev c.£15.6m down 6%. Neglects to mention that rev is a miss on consensus.
Read it at shareideas.uk (sub)
MrC's Smallcap Sweep. No yen for Yen trading hurts iFOREX
IFRX,DGI9,NANO,AIRE,NFX,ULTP,ANG,AMCO
iFOREX warns FY-Dec adj EBITDA $0.5-2.5m as July-Aug trading falls to v low levels. Also the US Yen intervention led to collapse in July's income
Read it at Small/Mid Caps with Paul Scott
shareideas.uk
IFRX,DGI9,NANO,AIRE,NFX,ULTP,ANG,AMCO
iFOREX warns FY-Dec adj EBITDA $0.5-2.5m as July-Aug trading falls to v low levels. Also the US Yen intervention led to collapse in July's income
Read it at Small/Mid Caps with Paul Scott
shareideas.uk
August 19, 2026 at 6:34 AM
MrC's Smallcap Sweep. No yen for Yen trading hurts iFOREX
IFRX,DGI9,NANO,AIRE,NFX,ULTP,ANG,AMCO
iFOREX warns FY-Dec adj EBITDA $0.5-2.5m as July-Aug trading falls to v low levels. Also the US Yen intervention led to collapse in July's income
Read it at Small/Mid Caps with Paul Scott
shareideas.uk
IFRX,DGI9,NANO,AIRE,NFX,ULTP,ANG,AMCO
iFOREX warns FY-Dec adj EBITDA $0.5-2.5m as July-Aug trading falls to v low levels. Also the US Yen intervention led to collapse in July's income
Read it at Small/Mid Caps with Paul Scott
shareideas.uk
Results from 3 Companies, today, Show the UK Consumer is Cautious
audioboom.com/posts/876265...
COMPANY’S COVERED TODAY:
BEEKS FINANCIAL CLOUD #BKS
SHOE ZONE #SHOE
ULTIMATE PRODUCTS #ULTP
WINKING STUDIOS #WKS
XP FACTORY #XPF
GET 25% OFF THE SHAREPICKERS INVESTMENT CLUB - OFFER ENDS 31ST AUGUST!!!
audioboom.com/posts/876265...
COMPANY’S COVERED TODAY:
BEEKS FINANCIAL CLOUD #BKS
SHOE ZONE #SHOE
ULTIMATE PRODUCTS #ULTP
WINKING STUDIOS #WKS
XP FACTORY #XPF
GET 25% OFF THE SHAREPICKERS INVESTMENT CLUB - OFFER ENDS 31ST AUGUST!!!
Results from 3 Companies, today, Show the UK Consumer is Cautious
Results from 3 Companies, today, Show the UK Consumer is Cautious
audioboom.com
August 13, 2025 at 11:33 AM
8 Companies Covered, Add 4 To Your Watchlist, Ignore 4
audioboom.com/posts/869446...
Macro, Micro News for Tuesday 25th March 2025
Digitalbox #DBOX
GetBusy #GETB
Journeo #JNEO
Michelmersh Brick #MBH
Personal Group #PGH
Time Finance #TIME
Mission Group #TMG
Ultimate Products #ULTP
audioboom.com/posts/869446...
Macro, Micro News for Tuesday 25th March 2025
Digitalbox #DBOX
GetBusy #GETB
Journeo #JNEO
Michelmersh Brick #MBH
Personal Group #PGH
Time Finance #TIME
Mission Group #TMG
Ultimate Products #ULTP
8 Companies Covered, Add 4 To Your Watchlist, Ignore 4
8 Companies Covered, Add 4 To Your Watchlist, Ignore 4
audioboom.com
March 25, 2025 at 5:19 PM
UK could avoid US tariffs with Trump saying a deal “can be worked out”
audioboom.com/posts/864771...
MACRO
Trump says a deal "can be worked out" with the UK
Factory activity contracts for 4th straight month
UK growth outlook downgraded
MICRO
#AREC #ENSI #FEN #HVO #SSTY #SDY #ULTP
audioboom.com/posts/864771...
MACRO
Trump says a deal "can be worked out" with the UK
Factory activity contracts for 4th straight month
UK growth outlook downgraded
MICRO
#AREC #ENSI #FEN #HVO #SSTY #SDY #ULTP
UK could avoid US tariffs with Trump saying a deal “can be worked out”
UK could avoid US tariffs with Trump saying a deal “can be worked out”
audioboom.com
February 3, 2025 at 11:52 AM
Time 11 a.m.
Let's check SP moves!
Traffic Lights
Red: Ultimate Products #ULTP was even sharper lower.
Amber: Hargreaves Services #HASE is marginally better on outlook.
Green: Sanderson Design #SDG.
Bottom wiping relief on the promising sample papers prints requested. Suffers with wide spreads.
Let's check SP moves!
Traffic Lights
Red: Ultimate Products #ULTP was even sharper lower.
Amber: Hargreaves Services #HASE is marginally better on outlook.
Green: Sanderson Design #SDG.
Bottom wiping relief on the promising sample papers prints requested. Suffers with wide spreads.
June 25, 2025 at 10:26 AM
Key RNSs (Pre-Open Prices)
Ultimate Products #ULTP unpleasant RNS reading this morn. Yuk!
Sanderson Design #SDG.
Performance bottoming.
SP deservedly been down.
Too early and illiquid to buy.
Other companies' RNSs read much better, but their news may already be in their SPs.
#FTC the wild card!
Ultimate Products #ULTP unpleasant RNS reading this morn. Yuk!
Sanderson Design #SDG.
Performance bottoming.
SP deservedly been down.
Too early and illiquid to buy.
Other companies' RNSs read much better, but their news may already be in their SPs.
#FTC the wild card!
June 25, 2025 at 7:19 AM
eur5-xztn
gwmf-jtuj
3s8m-ybmk
aqn7-7x98
8gdv-5vgn
6uv8-vrfe
ulgy-gsju
vpk3-ultp
f63m-jm3n
m3x9-kgdj
faek-g7xy
5f6u-uvjr
g5nd-v98d
3rae-687h
dmfg-ynqv
sgan-bmk8
6kn4-v7t2
knaj-geuh
ua96-3uav
l6y2-wqf8
qyu5-h8en
925g-v2fe
3l6z-gdju
5eyn-uhtp
r6uv-jj3n
gwmf-jtuj
3s8m-ybmk
aqn7-7x98
8gdv-5vgn
6uv8-vrfe
ulgy-gsju
vpk3-ultp
f63m-jm3n
m3x9-kgdj
faek-g7xy
5f6u-uvjr
g5nd-v98d
3rae-687h
dmfg-ynqv
sgan-bmk8
6kn4-v7t2
knaj-geuh
ua96-3uav
l6y2-wqf8
qyu5-h8en
925g-v2fe
3l6z-gdju
5eyn-uhtp
r6uv-jj3n
June 6, 2025 at 11:42 AM
eur5-xztn
gwmf-jtuj
3s8m-ybmk
aqn7-7x98
8gdv-5vgn
6uv8-vrfe
ulgy-gsju
vpk3-ultp
f63m-jm3n
m3x9-kgdj
faek-g7xy
5f6u-uvjr
g5nd-v98d
3rae-687h
dmfg-ynqv
sgan-bmk8
6kn4-v7t2
knaj-geuh
ua96-3uav
l6y2-wqf8
qyu5-h8en
925g-v2fe
3l6z-gdju
5eyn-uhtp
r6uv-jj3n
gwmf-jtuj
3s8m-ybmk
aqn7-7x98
8gdv-5vgn
6uv8-vrfe
ulgy-gsju
vpk3-ultp
f63m-jm3n
m3x9-kgdj
faek-g7xy
5f6u-uvjr
g5nd-v98d
3rae-687h
dmfg-ynqv
sgan-bmk8
6kn4-v7t2
knaj-geuh
ua96-3uav
l6y2-wqf8
qyu5-h8en
925g-v2fe
3l6z-gdju
5eyn-uhtp
r6uv-jj3n
)W8Gn@uxt(AG~)uJSgOOL(fj&.UltP?D
June 4, 2026 at 12:10 PM
)W8Gn@uxt(AG~)uJSgOOL(fj&.UltP?D
,ultP?fO<20+njV~2?^)qYSQpU$&=avh
February 7, 2026 at 10:05 AM
,ultP?fO<20+njV~2?^)qYSQpU$&=avh
On this week's Small Caps Live Weekly Summary we looked at the Budget plus news from #BVXP #CRPR #DIAL #IGR #NXQ #TST #ULTP
open.substack.com/pub/smallcap...
open.substack.com/pub/smallcap...
Small Caps Live Weekly Summary
Budget BVXP CRPR DIAL IGR NXQ TST ULTP
open.substack.com
November 1, 2024 at 2:05 PM
#ULTP Ultimate Products upgrades FY26 revenue to £141m
Brand‑led strategy continues to deliver
✔️ Owned brands +5%
✔️ Branded sales now 88.5% of total
✔️ Europe +19%, int’l discounters +91%
✔️ Cash conversion 195%, net debt down to £9.7m
- Our fair value 165p/sh
- New research report freely accessible 👇
Brand‑led strategy continues to deliver
✔️ Owned brands +5%
✔️ Branded sales now 88.5% of total
✔️ Europe +19%, int’l discounters +91%
✔️ Cash conversion 195%, net debt down to £9.7m
- Our fair value 165p/sh
- New research report freely accessible 👇
March 24, 2026 at 7:53 AM
#ULTP Ultimate Products upgrades FY26 revenue to £141m
Brand‑led strategy continues to deliver
✔️ Owned brands +5%
✔️ Branded sales now 88.5% of total
✔️ Europe +19%, int’l discounters +91%
✔️ Cash conversion 195%, net debt down to £9.7m
- Our fair value 165p/sh
- New research report freely accessible 👇
Brand‑led strategy continues to deliver
✔️ Owned brands +5%
✔️ Branded sales now 88.5% of total
✔️ Europe +19%, int’l discounters +91%
✔️ Cash conversion 195%, net debt down to £9.7m
- Our fair value 165p/sh
- New research report freely accessible 👇
Following Interim results due tomorrow, join us this Friday @ 11am for a live presentation and Q&A with the management of Ultimate Products #ULTP - sign up to register at the below link!
www.equitydevelopment.co.uk/news-and-eve...
www.equitydevelopment.co.uk/news-and-eve...
Ultimate Products: Interim Results investor presentation - 27th March 2026
Andrew Gossage (CEO) and Chris Dent (CFO) of Ultimate Products will host an Interim Results presentation with Q&A at 11.00am on Friday 27th March 2026.
www.equitydevelopment.co.uk
March 23, 2026 at 1:27 PM
Following Interim results due tomorrow, join us this Friday @ 11am for a live presentation and Q&A with the management of Ultimate Products #ULTP - sign up to register at the below link!
www.equitydevelopment.co.uk/news-and-eve...
www.equitydevelopment.co.uk/news-and-eve...
If you missed the live event last week, check out the full video recording here of Ultimate Products #ULTP management presenting their FY results overview with extensive Q&A - an insightful session, worth a watch!
youtu.be/ksDSn9L2VV4
youtu.be/ksDSn9L2VV4
Ultimate Products - Investor Presentation (FY Results) - 31st October 2025
YouTube video by Equity Development
youtu.be
November 7, 2025 at 4:09 PM
If you missed the live event last week, check out the full video recording here of Ultimate Products #ULTP management presenting their FY results overview with extensive Q&A - an insightful session, worth a watch!
youtu.be/ksDSn9L2VV4
youtu.be/ksDSn9L2VV4
#ULTP Ultimate Products FY25 results confirm key numbers & brand growth messages. Owned brands +4.3%, re-branded Beldray +11.1%. Our FY26 forecasts are held & we maintain fair value at 165p/ share.
New research report with audio summary here!
youtu.be/dZzHutkrirA
New research report with audio summary here!
youtu.be/dZzHutkrirA
Ultimate Products - FY25 Results - "Brand growth central to investment case"
YouTube video by Equity Development
youtu.be
October 28, 2025 at 9:09 AM
#ULTP Ultimate Products FY25 results confirm key numbers & brand growth messages. Owned brands +4.3%, re-branded Beldray +11.1%. Our FY26 forecasts are held & we maintain fair value at 165p/ share.
New research report with audio summary here!
youtu.be/dZzHutkrirA
New research report with audio summary here!
youtu.be/dZzHutkrirA
#ULTP Ultimate Products senior management changes will invigorate team and are in line with stated aim to improve the sales function
Full note available here, with audio summary:
youtu.be/maHCfcWgFzI?...
Link to research: www.equitydevelopment.co.uk/research/pro...
Full note available here, with audio summary:
youtu.be/maHCfcWgFzI?...
Link to research: www.equitydevelopment.co.uk/research/pro...
Promoting top talent to accelerate sales growth
YouTube video by Equity Development
youtu.be
August 28, 2025 at 7:22 AM
#ULTP Ultimate Products senior management changes will invigorate team and are in line with stated aim to improve the sales function
Full note available here, with audio summary:
youtu.be/maHCfcWgFzI?...
Link to research: www.equitydevelopment.co.uk/research/pro...
Full note available here, with audio summary:
youtu.be/maHCfcWgFzI?...
Link to research: www.equitydevelopment.co.uk/research/pro...
Ultimate Products management hosted an Investor Presentation after last week's Trading Update with an extensive round of Q&A - if you missed the live event, check out the full video recording here! #ULTP #UltimateProducts
youtu.be/FekcV6-3MAA
youtu.be/FekcV6-3MAA
Ultimate Products - Investor Presentation (Trading Update) - June 2025
YouTube video by Equity Development
youtu.be
July 3, 2025 at 8:17 PM
Ultimate Products management hosted an Investor Presentation after last week's Trading Update with an extensive round of Q&A - if you missed the live event, check out the full video recording here! #ULTP #UltimateProducts
youtu.be/FekcV6-3MAA
youtu.be/FekcV6-3MAA
#ULTP Ultimate Products trading update today
- We ⬇️ our sales and profit expectations for FY2025
- Gross margins contracted due to shifts in both product category and retail channel mix.
- Expectations of flat EBITDA in FY2025 H2 and a full year decline
- Audio summary here
youtu.be/dDv0aF8YJw4
- We ⬇️ our sales and profit expectations for FY2025
- Gross margins contracted due to shifts in both product category and retail channel mix.
- Expectations of flat EBITDA in FY2025 H2 and a full year decline
- Audio summary here
youtu.be/dDv0aF8YJw4
Ultimate Products plc: Headwinds offset brand relaunch benefits, for now
YouTube video by Equity Development
youtu.be
June 25, 2025 at 8:03 AM
#ULTP Ultimate Products trading update today
- We ⬇️ our sales and profit expectations for FY2025
- Gross margins contracted due to shifts in both product category and retail channel mix.
- Expectations of flat EBITDA in FY2025 H2 and a full year decline
- Audio summary here
youtu.be/dDv0aF8YJw4
- We ⬇️ our sales and profit expectations for FY2025
- Gross margins contracted due to shifts in both product category and retail channel mix.
- Expectations of flat EBITDA in FY2025 H2 and a full year decline
- Audio summary here
youtu.be/dDv0aF8YJw4
*** Save the Date! *** A reminder that we are hosting the management of #ULTP #UltimateProducts for an Investor Presentation with live Q&A tomorrow (28th March) at 9.45am - there is still time to register at the below link!
www.equitydevelopment.co.uk/news-and-eve...
www.equitydevelopment.co.uk/news-and-eve...
Ultimate Products: Interim Results investor presentation - 28th March 2025
Andrew Gossage (CEO) and Chris Dent (CFO) of Ultimate Products will host an Interim Results presentation with Q&A at 9.45am on Friday 28th March.
www.equitydevelopment.co.uk
March 27, 2025 at 10:18 AM
*** Save the Date! *** A reminder that we are hosting the management of #ULTP #UltimateProducts for an Investor Presentation with live Q&A tomorrow (28th March) at 9.45am - there is still time to register at the below link!
www.equitydevelopment.co.uk/news-and-eve...
www.equitydevelopment.co.uk/news-and-eve...
#ULTP Ultimate Products - H125 Results
- Organic European sales growth offset by UK setback, we trim our EBITDA f/c
- But substantial growth headroom in Europe & potential for Salter and Beldray (c.60% of group sales) to benefit from re-brands reassuring for future growth
- We keep 165p fair value
- Organic European sales growth offset by UK setback, we trim our EBITDA f/c
- But substantial growth headroom in Europe & potential for Salter and Beldray (c.60% of group sales) to benefit from re-brands reassuring for future growth
- We keep 165p fair value
March 25, 2025 at 10:01 AM
#ULTP Ultimate Products - H125 Results
- Organic European sales growth offset by UK setback, we trim our EBITDA f/c
- But substantial growth headroom in Europe & potential for Salter and Beldray (c.60% of group sales) to benefit from re-brands reassuring for future growth
- We keep 165p fair value
- Organic European sales growth offset by UK setback, we trim our EBITDA f/c
- But substantial growth headroom in Europe & potential for Salter and Beldray (c.60% of group sales) to benefit from re-brands reassuring for future growth
- We keep 165p fair value
If you missed the live event yesterday, check out the full video recording here of Ultimate Products #ULTP management discussing the detail of their 1H Trading Update and answering an extensive round of investor questions.
Link here: youtu.be/4olG6PQNz1w
Link here: youtu.be/4olG6PQNz1w
Ultimate Products - Investor Presentation (H1 Trading Update) - February 2025
YouTube video by Equity Development
youtu.be
February 6, 2025 at 1:40 PM
If you missed the live event yesterday, check out the full video recording here of Ultimate Products #ULTP management discussing the detail of their 1H Trading Update and answering an extensive round of investor questions.
Link here: youtu.be/4olG6PQNz1w
Link here: youtu.be/4olG6PQNz1w