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Supreme (SUP) investor relations material
Supreme Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Financial performance and growth
Revenue for FY26 rose 17% year-on-year to £270.2 million, driven by strategic acquisitions and strong vaping division momentum.
Adjusted EBITDA reached £40.6 million, aligning with analyst consensus and reflecting resilient earnings despite significant investment.
Drinks & Wellness division revenue surged 60% to £69.3 million, boosted by SlimFast and Clearly Drinks contributions.
Adjusted net cash position improved to £7.5 million, supporting future growth and value creation.
Market positioning and regulatory readiness
Fully prepared for the Vaping Products Duty introduction on 1 October 2026, with clear pricing impacts outlined.
Supports government efforts for a regulated vaping market and expects continued resilience in the sector.
88Vape brand positioned to maintain appeal under new pricing regime.
Strategic investments and outlook
Nearly £5 million invested in brands year-to-date to support future growth.
Trading for FY27 expected to be in line with market expectations, following a solid start to the year.
Management aims to leverage manufacturing and distribution strengths to capture further opportunities.
- Record revenue and EBITDA growth, strong cash generation, and robust expansion despite margin pressure.SUP
H2 2026 - FY26 revenue and EBITDA are set to surpass expectations, driven by strong vape and wellness growth.SUP
Trading update - Revenue up 17% to £132.6m, led by acquisitions and growth in Vaping and Drinks & Wellness.SUP
H1 2026 - Record Adjusted EBITDA of £40.5m, with strong M&A-driven growth and improved margins.SUP
H2 2025 - Upgraded FY25 outlook as revenue and EBITDA rise, boosted by Clearly Drinks acquisition.SUP
H1 2025 - Record revenue and profit growth, strong cash generation, and positive FY25 outlook.SUP
H2 2024
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