Ultimate Products plc has announced the appointment of Simon Harrison as incoming Chief Executive Officer for the Group. Simon replaces Andrew Gossage, who will move to a Non- Executive Director role alongside his predecessor, former CEO Simon Showman. In our view, this appointment should be seen as positive for both brand development and growth. We retain our fair value estimate of 165p for the shares.
Disclaimer & Declaration of Interest
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.