Supreme trades 'strongly' across FY25

(Sharecast News) - Consumer goods business Supreme said on Wednesday that it had "traded strongly" across FY25, delivering a record financial performance, supported by the positive impact of strategic acquisitions and continued management of its cost base. Supreme said FY25 revenues were pegged to be around £235.0m and adjusted underlying earnings were predicted to be at least £40.0m, up from £221.2m and £38.1m a year earlier, respectively. In addition, Supreme said it expects to trade in-line with market expectations for FY26.

Following the acquisitions of Clearly Drinks and Typhoo Tea during the period, Supreme said sales traction remained "strong", with management exploring "a number of new commercial opportunities" with both potential and existing customers, alongside an increased focus on new product development.

The AIM-listed group added that vape sales were also in line with internal estimates ahead of the imminent UK disposable vape ban scheduled for 1 June, with its established UK vaping profile ensuring it remains "well positioned within the UK market".

As of 1055 BST, Supreme shares were down 6.97% at 158.15p.





Reporting by Iain Gilbert at Sharecast.com