Ultimate Products expects subdued demand to persist while proprietary brands grow
Ultimate Products said subdued consumer demand and geopolitical uncertainty are expected to continue into its new financial year. In the trading update to 31 July 2026, unaudited group revenues were £144.9m, down from £150.1m. Proprietary brand sales rose 5.3% to £128.4m, while adjusted EBITDA was £10.0m as gross margin fell to 22.6%. Restructuring costs were £760,000 and trading is expected to be similar to FY26.