Supreme has posted record profits thanks to a buy-and-build strategy that has diversified the vaping, batteries and lighting group into the drinks market.
The London-listed group lifted revenues by 4% to £231.1m in the year to 31 March 2025 after buying Typhoo tea and Clearly Drinks.
Adjusted EBITDA shot up 6% to a record £40.5m as a result of the additions to the portfolio, as well as increased manufacturing across the group and efficiency savings.
The two deals added about £40m of profitable, annualised non-vape revenues to the group during the year.
Clearly Drinks, acquired in June 2024, enabled Supreme to expand its manufacturing capabilities, and Typhoo, bought out of administration in November, extended the group’s retail reach into high-street names such as Holland & Barrett.
In the four months under Supreme ownership, Typhoo reported sales of £6.1m and contributed a modest positive bump to the group’s underlying profits.
Vaping sales at Supreme fell by £11.4m to £129m as disposable vape sales dropped ahead of a ban, which came into effect on 1 June.
The electricals arm of the group saw sales fall 6% to £53.4m.
“With our more recent acquisitions of Clearly Drinks and Typhoo Tea now fully integrated into the business, our team is now fully focused on leveraging both cross and up-sell opportunities alongside developing an exciting range of new products to deliver to market,” said CEO Sandy Chadha.
“As a business, we remain firmly committed to further expanding our product set, ensuring our customers have access to a diverse range of competitively priced products, and I look forward to updating all our stakeholders later in the year on our continued progress.”
Supreme added the group made a positive start to FY26 and expected to deliver another profitable year in line with market expectations.
No comments yet