Supreme PLC today (April 20) has reported a strong full-year performance for FY26, with revenues and profits expected to significantly exceed market expectations, driven by robust growth in its vaping division, contributions from recent acquisitions including SlimFast, and continued investment in manufacturing and new product development, despite ongoing regulatory pressures such as the UK’s disposable vape ban.
As stated in the trading update by the leading brand owner, manufacturer and supplier of fast-moving consumer goods, Supreme has delivered a strong performance across FY26 with record financial results expected to be significantly ahead of market expectations, 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 £265.0 million (FY25: £231.1 million) and Adjusted EBITDA of approximately £40.6 million (FY25: £40.5 million), significantly ahead of market consensus expectations.
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.
Supreme has a growing footprint in sports, nutrition and 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.