Supreme PLC (GB:SUP) has released an update.
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Supreme PLC, a prominent FMCG company, reports a stellar end-of-year financial performance with Adjusted EBITDA nearly doubling to at least £38 million, and an impressive revenue upsurge to approximately £225 million from last year’s £155.6 million. The company has achieved debt-free status, backed by robust cash generation and profitability gains across all sectors. Supreme PLC attributes this success to its diversified product mix, particularly in the vaping division, and is eyeing further growth through strategic acquisitions and organic expansion.
For further insights into GB:SUP stock, check out TipRanks’ Stock Analysis page.
