Supreme PLC, a leading manufacturer, supplier, and brand owner of fast-moving consumer products, has announced a trading update for its fiscal year ended 31 March 2023, with vaping category driving revenue growth.
Supreme has performed strongly throughout the second half of FY23, delivering organic growth across its core business, supplemented by the earnings from the two vaping acquisitions completed in the first half of the year.
The company expects to report revenue of at least £150 million (2022: £130.8 million) and Adjusted EBITDA of at least £19.3 million (2022: £21.1 million), comfortably ahead of current market expectations.
Supreme plc (LON:SUP) is Europe’s leading manufacturer, brand owner, licencee and distributor of batteries, lighting, vaping and light fittings. We are also a leading name in sports nutrition, wellness and household products.