For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260420:nRST0923Ba&default-theme=true
RNS Number : 0923B Supreme PLC 20 April 2026
20 April 2026
Supreme plc
("Supreme" or the "Company" or the "Group")
Trading Update
- Record FY26 Performance
- FY26 revenue and adjusted EBITDA expected to be significantly
ahead of expectations(1)
Supreme PLC (AIM: SUP), a leading brand owner, manufacturer and supplier of
fast-moving consumer goods, is pleased to provide a trading update for the
twelve months ended 31 March 2026 ("FY26" or the "Period").
Supreme has delivered a strong performance across FY26 with record financial
results expected to be significantly ahead of market expectations(1),
supported by significant growth in vape sales and the positive impact from
acquisitions and new products.
The Company expects to report a 15% increase in FY26 revenues of c.£265.0
million (FY25: £231.1 million) and Adjusted EBITDA(2) of approximately £40.6
million (FY25: £40.5 million), significantly ahead of market consensus
expectations(1). After investing £12.4 million in strategic acquisitions and
£5.0 million to enhance its manufacturing capabilities including a new
state-of-the-art 40,000 sq.ft. dedicated wellness facility, the Group remains
net-cash positive at 31 March 2026.
Sales from the Group's Vaping category are expected to be more than 10% higher
than prior year even with the UK disposable vape ban on 1 June 2025,
demonstrating Supreme's ongoing market resilience.
The Group's Drinks & Wellness category also performed strongly, boosted by
an excellent contribution from SlimFast, which was acquired during the Period.
The category is further supported by investment in two brand new manufacturing
facilities, strengthening its operational capacity and positioning this
category for long-term growth.
The Board remains confident in the Group's future trading prospects.
(1) Analysts' consensus for the year ending 31 March 2026 was revenue of
approximately £245 million and Adjusted EBITDA(2) of £37 million
( )
(2 )Adjusted EBITDA means operating profit before depreciation, amortisation,
share-based payments charge, fair value movements on non-hedge accounted
derivatives and exceptional items
The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulation (EU) No.
596/2014 which is part of UK law by virtue of the European Union (withdrawal)
Act 2018. Upon the publication of this announcement, this inside information
is now considered to be in the public domain.
Enquiries:
Supreme plc via Vigo Consulting
Sandy Chadha, Chief Executive Officer
Suzanne Smith, Chief Finance Officer
Shore Capital (Nominated Adviser and Joint Broker) +44 (0)20 7408 4090
Mark Percy / David Coaten / George Payne - Corporate Advisory
Ben Canning - Corporate Broking
Zeus (Joint Broker) +44 (0)161 831 1512
Jordan Warburton / Emma Burn - Investment Banking
Benjamin Robertson - Corporate Broking
Vigo Consulting (Financial PR & Investor Relations) +44 (0)20 7390 0230
Jeremy Garcia / Safia Colebrook / Georgina Moul
supreme@vigoconsulting.com (mailto:supreme@vigoconsulting.com)
About Supreme
Supreme supplies products across three operating divisions: Vaping (previously
known as 'Vaping' and 'Branded Distribution'), Drinks & Wellness ('Sports
Nutrition & Wellness' combined with Typhoo Tea, Clearly Drinks and the
newly acquired SlimFast brand), and Electricals & Household (previously
'Batteries' and 'Lighting', also including the recently acquired 1001 cleaning
brand). The Company's capabilities span from product development and
manufacturing through to its extensive retail distribution network and direct
to consumer capabilities. This vertically integrated platform provides an
excellent route to market for well-known brands and products.
The Group has over 3,000 active business accounts with around 55,000 retail
outlets. Customers include B&M, Home Bargains, Poundland, Tesco,
Sainsbury's, Morrisons, Amazon, The Range, Costcutter, Asda, Halfords,
Iceland, Waitrose, Aldi and HM Prison & Probation Service.
In addition to distributing globally-recognised brands such as Duracell,
Energizer and Panasonic, and supplying lighting products exclusively under the
Energizer, Eveready, Black & Decker and JCB licences across 45 countries,
Supreme has also built a strong portfolio of in-house brands, most notably
88Vape. The Company has a growing footprint in Sports Nutrition & Wellness
via its principal Sci-MX brand and has recently expanded into the soft drinks
and hot beverages markets with the acquisitions of Typhoo Tea and Clearly
Drinks and now into weight management through SlimFast, one of the UK's
leading meal replacement brands.
https://investors.supreme.co.uk/ (https://investors.supreme.co.uk/)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END TSTGPUCUCUPQPGB
Copyright 2019 Regulatory News Service, all rights reserved