Supreme Plc · LSE:SUP
Supreme — H1 2026 Earnings Presentation
22 slides from Supreme's earnings presentation, Nov 27, 2025
Slide 1: Manufacturer, distributor, owner and licensee of some of the world's biggest brands
Manufacturer, distributor, owner and licensee of some of the world’s biggest brands Unaudited results for the six-month period ended 30 September 2025 Update main image with new products incl. 1001 & SlimFast Vaping Drinks & Wellness Electricals & Household
Slide 2: Divisions
Divisions Our manufacturing capabilities and licensing agreements with some of the world’s biggest brands sit within three main divisions Vaping Drinks & Wellness Electricals & Household Supreme PLC is a leading FMCG manufacturer, distributor, licensee, and brand owner, with an established track rec
Slide 3: Our Licensed, Owned and Distributed Brands
Our Licensed Brands Our Owned Brands Our Distributed Brands Batteries Batteries EST. 1903 Lighting EST. 1980’s EST. 1980’s EST. 2015 EST. 1817 EST. 2007 EST. 1970’s EST. 1972 EST. 1990 EST. 2013 EST. 1885 EST. 1902 EST. 2010 EST. 1979 3
Slide 4: Our Customers
Our Customers 55,000 Retail Sites +15k +500 +200 +100 +120 +Government & Independents Cash & carry's Retail Chains Ecommerce Export Customers NHS contracts 4
Slide 5: Bespoke operational platform underpins growth
Bespoke operational platform underpins growth Vertical integration offers excellent route to market for leading brands New Products • Developed in-house by Supreme alongside new third-party launches Brands • Own brand and licensed brands • Distribution Agreements Product Development • Own brands plu
Slide 6: Financial Highlights
Financial Highlights Strong financial performance across FY25 (£m) 140 H1 FY26 ✓ 17% increase in revenue to £132.6 million (H1 2025: £113.0 million) 120 H1 FY25 100 Revenue (£m) ✓ £15.4 million driven by acquisition of Clearly Drinks, Typhoo and 80 60 221 231.1 1001, with £4.2 million from the core
Slide 7: Operational Highlights
Operational Highlights Acquisitions continue to accelerate ongoing product diversification strategy ✓ Earnings-enhancing growth supports ongoing product diversification – Acquired SlimFast UK & 1001, delivering £30m of annualised sales – Acquisitions closely aligned to Supreme’s strategy to diversif
Slide 8: Evolution of Typhoo
Evolution of Typhoo Significant strategic Typhoo now turned Reengineered supply Extend product range progress since around financially chain, opening new and distribution reach acquisition manufacturing facility ✓ Re-branded & reformulated ✓ Invested in product innovation ✓ Begun inhouse manufacturi
Slide 9: Acquisition of SlimFast
Acquisition of SlimFast Immediately Weight SlimFast is ideally Strong customer Supreme plans earnings- management placed to overlap with to move the enhancing and market projected capitalise on the additional upsell manufacture of fully aligned with to reach £1.5 growing demand opportunities all pow
Slide 10: Acquisition of 1001
Acquisition of 1001 Expands 1001 fully aligned Customers with existing M&A Potential to 1001 is a heritage Supreme's include Tesco, strategy and is develop 1001 into household portfolio of well- Asda, immediately a broader cleaning brand recognised Morrisons, earnings household dating back to consum
Slide 11: Vaping
Vaping The UK vaping Delivered a Continued roll-out Successful transition Vaping overtakes market is valued strong of new vaping from disposables to smoking in Britain at over performance in products, including replacement for first time £3 billion H1 FY2026 reusable devices devices Core vaping sale
Slide 12: Drinks & Wellness
Drinks & Wellness Clearly Drinks & Fit-out of new £20.1m acquisition Organic growth of Successfully Typhoo Tea manufacturing of SlimFast further £1m year-on-year launched accelerates facility is extends category Juicy Protein diversification underway reach (£m) ✓ Revenue doubled to £32.9m (H1 FY 202
Slide 13: Electricals & Household
Electricals & Household 10 Years 65m 350m 569 Lighting units sold annually Exclusive providing white label products to major clients batteries sold per year battery & torch SKUs worldwide licenses (£m) ✓ Segment, now comprising batteries, lighting products and household 30 H1 FY25 cleaning products,
Slide 14: Income statement
Income statement H1 26 H1 25 £m £m • Revenue +£20m (+17%) driven by: Revenue 132.6 113.0 o Acquisitions (£15.5m) Gross profit 38.4 34.1 o Growth in the core (£10.5m) Gross profit margin 29% 30% Admin expenses (19.9) (15.6) o Offset by reduction in Electricals (£6.4m) Adjusted EBITDA1 18.5 18.5 • 13%
Slide 15: Segmental breakdown
Segmental breakdown H1 26 H1 25 % change £m £m • Vaping revenue grew £8.7m (13%), underpinned by the transition from disposables to pods during the period Revenue Electricals & Household 22.8 28.3 -19% o Remainder of the category remained solid Vaping 76.9 68.2 +13% o Gross margin was 31% owing to t
Slide 16: Revenue bridge
Revenue bridge £150m £140m £10.5m Acquisitions £132.6m -£6.4m £130m £7.1m £8.3m £120m £113.0m £110m £100m £90m H1 25 Clearly Drinks Typhoo Core business Electricals H1 26 16
Slide 17: Adjusted EBITDA bridge
Adjusted EBITDA1 bridge £22m £21m £0.7m £20m £1.1m £19m £18.5m £0.6m £18.5m -£1.6m -£0.3m £18m -£0.3m -£0.2m £17m £16m £15m £14m £13m H1 25 Clearly Drinks Typhoo Electricals National Insurance Marketing Distribution Core business H1 26 17
Slide 18: Balance sheet
Balance sheet HY26 HY25 FY25 £m £m £m Fixed Assets • Balance sheet broadly unchanged since year end Property, Plant & Equipment 32.1 28.1 30.8 Intangibles 22.7 19.3 21.2 • Increase in stock since year end due to the addition of 1001 (£1m) plus the usual seasonal spike ahead of trading peak TOTAL 54.
Slide 19: Cash flow statement
Cash flow statement H1 26 H1 25 £m £m • Seasonally, there is always a working capital outflow in H1 Adjusted EBITDA 18.5 18.5 • This was more marked in H1 26 due to the addition of 1001 stock Movement in working cap (11.0) (5.9) and the movement from air-freight to sea-freight for some vaping lines
Slide 20: Key investment highlights
Key investment highlights Leveraging our vertically integrated platform to take fast-moving consumer brands to our extensive customer network Unrivalled We own brands Strong High quality Proven and Compelling Diverse business & we financials management successful customer product & model manufacture
Slide 21: Outlook
Outlook ✓ Continued solid sales traction across Supreme’s extensive product portfolio, with the Group continuing to trade inline with market expectations for FY 2026 ✓ Earnings-enhancing acquisitions of 1001 and SlimFast support the Group’s broader ambitions to acquire heritage brands that deliver c
Slide 22: Thank you
Thank you Do you have any questions?