Join our community of smart investors

Higher online sales help UP Global Sourcing’s margins

But the market didn't respond favourably to a drop in profits
March 29, 2023
  • German electrical brand Petra relaunched
  • Dividend raised 

Kitchen and homeware specialist UP Global Sourcing (UPGS) has taken a defensive position on price increases in this inflationary environment – prices were kept steady in the period in a bid to incentivise demand as cost of living pressures hurt discretionary spending. This contributed to the flat revenue performance.

This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Have an account? Sign in