Consumer goods business Supreme said on Tuesday that had experienced "robust trading" across FY25, underpinned by earnings-enhancing acquisitions.
Supreme
01 July 2025 12:17:08
Source: Sharecast
Supreme said adjusted underlying earnings had grown 6% to a record £40.5m, while revenues were up 4% at £231.1m, due to acquisitions and "strong sales traction" across its product mix, and gross profit margins improved from 29% to 39% as a result of increased manufacturing.
However, shares headed south early on Tuesday as it said net debt had ballooned by 297% to £12.3m and adjusted net cash sank 90% to £1.2m.
Looking forward, Supreme said it has made a "positive start" to FY26 and expects to deliver "another profitable and highly cash-generative year".
As of 1100 BST, Supreme shares were down 4.93% at 194.90p.
Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.
