7th Sep 2020 17:52
(Alliance News) - UP Global Sourcing Holdings PLC - designer and developer of consumer goods brands - Says revenue for financial year ended July 31, was down 6.1% to GBP115.7 million from GBP123.3million year before, reflecting order cancellations and deferrals due to the Covid-19 pandemic - albeit offset by strong growth in sales to supermarkets and online channels. Says financual 2021 order book is ahead of this time last year. Reinstating suspended interim dividend, with 1.16p per share. Says it remains confident in long-term prospects for Ultimate Products despite the continuing short-term uncertainty.
Current stock price: 103.20 pence
Year-to-date change: up 5.3%
By Arvind Bhunjun; [email protected]
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