For the six months to 30 September 2024, Supreme reported healthy revenue growth of +8%YoY (£113m) based on both ongoing business and the acquisition of Clearly Drinks Ltd., with (adj.) EBITDA +22%YoY at £18.5m, underpinned by gross margin improvement +299bp to 29.6%.1 The (adj.) EBITDA margin was 16.3%, compared to 14.5% a year earlier. The improvement in profitability underlines Supreme’s breadth of market position and depth of expertise in the distribution of a wide range of household goods. The Group notes a strong start to H2 and has issued raised FY 25 (adj.) EBITDA guidance of “at least £40 million”.
Supreme: Equity Development
Nov 26, 2024Disclaimer & Declaration of Interest
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