Trading Statement
Supreme PLC has announced a record financial performance for the twelve months ended 31 March 2026, with expected revenues of approximately £265.0 million, a 15% increase from the prior year, and Adjusted EBITDA of around £40.6 million. These figures are significantly ahead of market expectations, which had forecast revenue of £245 million and Adjusted EBITDA of £37 million. The strong results were driven by substantial growth in vape sales, successful acquisitions, and new product introductions, including the acquisition of SlimFast which boosted the Drinks & Wellness category. Despite a £12.4 million investment in acquisitions and £5.0 million in manufacturing enhancements, the Group remains net-cash positive.
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- FY26 revenue and adjusted EBITDA expected to be significantly ahead of expectations1
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 expectations1, 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 EBITDA2 of approximately £40.6 million (FY25: £40.5 million), significantly ahead of market consensus expectations1. 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 EBITDA2 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
596/2014 which is part of UK law by virtue of the European Union (withdrawal) Act 2018.
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