Ultra has issued a reassuring post-close trading statement. The company has delivered continued order growth and demonstrated strong cash conversion. The search for a new CEO continues. While the company has identified future areas for investment to deliver long-term growth, Ultra will deliver modest progress in FY18 as it continues to leverage its strong market positions. The statement should help allay investor concerns over profitability that has been weighing on the shares.

Continue reading

This version is programmatically created by Responsive Labs and qualified in its entirety to the original PDF.

Powered by Responsive Labs