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IN BRIEF: UP Global Expects To Meet Annual Ebitda Expectations

14th Dec 2020 16:08

UP Global Sourcing Holdings PLC - designer and developer of consumer goods brands - Expects underlying earnings before interest, tax, depreciation and amortisation for the year to the end of July 2021.

This is due to continued momentum in its order book, and strong sales from the group's Online and Supermarket channels.

"We are delighted with the start that we have made to our new financial year. Our performance with Online customers in particular has been exceptionally strong, but our brands also continue to resonate well with supermarket shoppers in both the UK and Europe," said Chief Executive Officer Simon Showman.

Current stock price: 114.06 pence, up 16% on Monday

Year-to-date change: up 16%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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