Trading Statement

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 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

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.

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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/