Ultimate Products are proposing a final dividend of 1.80p per share (FY25: 2.15p per share) taking the total dividend for the year to 2.7p per share (FY25: 3.7p per share). Subject to shareholder approval at the AGM on 11 December 2026, the final dividend will be paid on 30 January 2027 on the register at the close of business on 4 January 2027 (ex-dividend date 31 December 2026).
Financial highlights
- Revenue down 3% to £144.9m, reflecting subdued consumer demand for general merchandise and a deliberate reduction in third-party clearance sales, with total branded sales up 2% to £139.4m (FY25: £136.3m)
- Continued expansion in international branded sales, which were up 20% to £56.5m
- Adjusted EBITDA of £10.0m (FY25: £12.5m), which includes £0.8m of reorganisation costs relating to the restructuring of the commercial function
- Operating cash conversion of 140% (FY25: 82%), with a £4.1m reduction in working capital due to lower trading and stock levels benefitting from more reliable freight times
