UK's Ultimate Products falls as weak consumer demand, uncertainty weigh on FY27 outlook
BUZZ-UK's Ultimate Products falls as weak consumer demand, uncertainty weigh on FY27 outlook ** Shares in homeware products supplier Ultimate Products ULTP.L fall 5% to 53 pence
** Co expects subdued consumer demand and geopolitical uncertainty to persist into FY27
** Says FY27 trading to be similar to FY26
** Reports FY revenue of £144.9 mln ($196.44 mln), down 3.5% from a year ago
** Including session's losses, ULTP down ~11.7% YTD
($1 = £0.7376)
(Reporting by Neeshita Beura in Bengaluru)
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UK's Ultimate Products falls as weak consumer demand, uncertainty weigh on FY27 outlook