Investor Presentation via Equity Development

RNS Number : 0747E

UP Global Sourcing Holdings PLC

25 October 2022

 

25 October 2022

UP Global Sourcing Holdings PLC

"Ultimate Products" or "the Company" or "the Group"

UPGS - Equity Development Full Year Results Investor Presentation

Ultimate Products, the owner of a number of leading homeware brands including Salter (the UK's oldest houseware brand, est.1760) and Beldray (est.1872), is pleased to announce it will be conducting a live presentation following the release of its Full Year Results for the financial year ended 31 July 2022.

The online presentation will take place at 11.30am Wednesday 9 November.

It will be hosted by Simon Showman (CEO), Andrew Gossage (MD) and Chris Dent (CFO) and is open to all existing and potential shareholders. Questions can be submitted during the presentation and will be addressed at the end.

The Company is committed to ensuring that there are appropriate communication channels for all elements of its shareholder base so that its strategy, business model and financial performance are clearly understood.

To register, please go to this link: UPGS presentation sign up

A recording of the presentation will be available shortly after the event on the Equity Development website: UPGS research content

Equity Development

Hannah Crowe

Matt Evans

020 7065 2692

Notes to Editors

Ultimate Products is the owner of a number of leading homeware brands including Salter (the UK's oldest houseware brand, established in 1760) and Beldray (a laundry, floor care, heating and cooling brand that was established in 1872). According to its market research, nearly 80% of UK households own at least one of the Group's products.

Ultimate Products sells to over 300 retailers across 38 countries, and specialises in five product categories: Small Domestic Appliances; Housewares; Laundry; Audio; and Heating and Cooling. Other brands include Progress (cookware and bakeware), Kleeneze (laundry and floorcare), Petra (small domestic appliances) and Intempo (audio).

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. 

Founded in 1997, Ultimate Products employs over 370 staff, a significant number of whom have joined via the Group's graduate development scheme, and 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.

Please note that Ultimate Products is not the owner of Russell Hobbs. 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).

For further information, please visit  www.upgs.com

 

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