Supreme matches profit forecasts and says it’s not afraid of vaping restrictions

UK consumer goods company Supreme nearly doubled its adjusted operating profits in the financial year ended on 31st March – partly driven by the growth of its vaping division and its distribution agreement with disposable e-cigarette brands Elf Bar and Lost Mary, the group announced.

Supreme’s adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) increased 96% to over £38m, compared with just over £19m in the previous financial year, matching the group’s announced forecasts for the 2024 financial year.

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Tiziana Cauli

Senior reporter/health & science editor
Tiziana is an Italian journalist from Sardinia. She has worked for both international and local media in Italy, South Africa, France, Spain, the UK, Lebanon and Belgium. She also worked as a communications manager for several international NGOs in the humanitarian sector. Tiziana holds a degree in Political Science and a PhD in African Studies from the University of Cagliari and she’s a graduate of the Carlo De Martino school of journalism in Milan.

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