Supreme plc (LSE:SUP) reported a 17% increase in revenue to a record £270.2 million for the year ended 31 March 2026, supported by contributions from recent acquisitions and growth in its vaping and Drinks & Wellness operations.
Adjusted EBITDA remained unchanged at £40.6 million, while the group’s adjusted net cash position improved to £7.5 million.
The Drinks & Wellness division recorded revenue growth of 60% to £69.3 million, reflecting an initial contribution from SlimFast and the full-year impact of the Clearly Drinks acquisition.
The company also reported growth in its vaping business, which includes its 88Vape brand.
Supreme said the integration of its recent acquisitions contributed to the group’s revenue performance during the financial year.
Looking ahead, management reported that trading at the beginning of FY2027 was in line with its expectations and reiterated guidance for full-year performance to meet market forecasts.
The outlook incorporates approximately £5 million of planned brand investment, which the company intends to use to support the development of its consumer product portfolio.
Supreme also addressed the introduction of the UK’s Vaping Products Duty, scheduled to take effect on 1 October 2026.
The company said it has completed preparations for the new tax regime and believes its manufacturing scale, compliance capabilities and value-focused 88Vape brand will support its operations following implementation.
The financial impact of the duty on future trading has not yet been established in the supplied results.
Supreme manufactures, supplies and distributes consumer products across vaping, drinks and wellness, and electricals and household categories.
Its portfolio includes brands such as 88Vape, Sci-MX, Typhoo, Clearly Drinks and SlimFast, alongside the distribution of third-party battery and lighting products.
The group supplies approximately 55,000 retail outlets, including major UK supermarkets, value retailers and online platforms. Its lighting products are also distributed internationally under licensed brands including Energizer, Eveready and JCB.
Supreme expects FY2027 performance to remain in line with market forecasts as it continues integrating acquisitions, investing in its brands and adapting its vaping operations to the forthcoming duty.
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