Supreme plc (AIM:SUP) expects record results for the year ended 31 March 2026, with revenue of c.£265.0m (FY25: £231.1m) and adjusted EBITDA of approximately £40.6m (FY25: £40.5m), "significantly ahead of market expectations" - analysts' consensus for the year was c.£245m of revenue and c.£37m of adjusted EBITDA.
Management pins the outperformance on strong growth in its Vaping category, which rose more than 10% year-on-year despite the UK disposable vape ban that came into force on 1 June 2025, and on contribution from acquisitions and new product launches.
The Drinks & Wellness division also strengthened, helped by the acquisition of SlimFast during the period. The Group invested £12.4m in strategic acquisitions and c.£5.0m in manufacturing capacity, including a new 40,000 sq.ft. dedicated wellness facility. After these investments, Supreme (AIM:SUP) says it remained net-cash positive at 31 March 2026.
"The Board remains confident in the Group's future trading prospects." the company added.
