UK's Supreme rises as co maintains annual outlook
24/10/2022 09:03
** Shares of British battery and lighting distributor
Supreme Plc SUP.L up as much as 3.9% at 80.6p
** Co says trading is in line with expectations for
financial year through March 31, 2023 urn:newsml:reuters.com:*:nTUC7FC3YZ
** Co said in July that FY23 and earnings before interest,
taxes, depreciation, and amortization (EBITDA) will be below
market expectations
** Stock posts highest intraday pct gain in more than three
months
** Co's vaping division has continued its strong growth
trajectory in half-year by combination of both organic and
recent acquisitive momentum
** Including session's gains, stock down ~65.16% YTD
(Reporting by Hani Kollathodi in Bengaluru)
((Hani.Kollathodi@thomsonreuters.com;))