Newly-listed Ultimate Products expanding in Germany
Oldham-based consumer goods group Ultimate Products Global Sourcing which went public in a £105m float in March is celebrating excellent year-end results as it seeks to expand in Germany.
The company, which in April, 2018 plans to open a 10,000sq ft showroom in Cologne to exhibit its products, is reporting an increase in pre-tax profits rose of almost 19% to £7.4m in the year to July 31 (2016: £6.3m) and a 39.1% increase in turnover to a record £110m (2016: £79m).
Far from being fazed by the prospect of Brexit, managing dir... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
