Ultimate Products Q3 trading statement prompts FY26 sales upgrade
Equity DevelopmentUltimate Products released a FY2026 Q3 trading update this morning. Revenues were flat at £38.4m versus the prior year period, with consumer demand for general merchandise still subdued. However, sales of UP proprietary brands rose 9% to £31.5 million, and branded sales as a whole increased 3%. We upgrade our FY2026 sales forecast by £3m to £145m and have held our FY2027 sales outlook, which suggests a more achievable 2% sales increase.