ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

SUP Supreme Plc

194.00
6.50 (3.47%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Supreme Plc SUP London Ordinary Share
  Price Change Price Change % Share Price Last Trade
6.50 3.47% 194.00 16:35:25
Open Price Low Price High Price Close Price Previous Close
186.50 186.50 193.50 194.00 187.50
more quote information »
Industry Sector
SUPPORT SERVICES

Supreme SUP Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
02/07/2024FinalGBP0.03222/08/202423/08/202424/09/2024
28/11/2023InterimGBP0.01507/12/202308/12/202312/01/2024
05/07/2023FinalGBP0.02231/08/202301/09/202329/09/2023
29/11/2022InterimGBP0.00815/12/202216/12/202213/01/2023
05/07/2022FinalGBP0.03801/09/202202/09/202230/09/2022
07/12/2021InterimGBP0.02216/12/202117/12/202114/01/2022

Top Dividend Posts

Top Posts
Posted at 17/7/2024 09:39 by danb45
of course any ban / measures against smoking good for #SUPagreed previous Tory smoking age related measure unworkable
Posted at 03/7/2024 16:04 by edmonda
Supreme plc - video recording - Investor Presentation (FY Results)- 2 July 2024

Link to full video:

Sandy Chadha (CEO) and Suzanne Smith (CFO) of Supreme plc hosted an Investor Presentation covering details of their results for the year ended 31 March 2024. These included strong trading across FY24 in all divisions, and almost doubling of profitability overall.

Management highlighted record levels of cash generated from operations, and ending the year bank debt-free. The team discussed the recently-announced acquisition of Clearly Drinks, which provides product diversification and is immediately earnings enhancing. Finally, Supreme touched on the continued positive trading momentum into the first quarter of FY25, and answered a range of questions submitted from viewers.

The full video is dividend into chapters as below:
0:00:03 Introduction to Supreme and key investment highlights
0:05:39 Financial & Operation highlights
0:09:01 Vaping
0:16:43 Sports Nutrition & Wellness
0:17:56 Lighting
0:19:09 Batteries
0:20:05 Ark, Trafford Park
0:21:51 Clearly Drinks acquisition
0:26:53 Financial Summary
0:31:44 Outlook
0:32:51 Questions & Answers
Posted at 02/7/2024 10:28 by podgyted
Possibly.

But SUP said :-

"Supreme forecasts FY25 to be another profitable and highly cash-generative year for the Group. Having made a positive start in Q1, the Group is trading comfortably in line with current market expectations (5)."

(5) "Analyst consensus immediately before this announcement for the year ending 31 March 2025 was revenue of £242 million and Adjusted EBITDA1 of £36.9 million."

Sold out this morning to see how it develops.
Posted at 02/7/2024 07:48 by edmonda
"FY24 results generate doubled profit, record cash"

New research report (free & accessible) here:


For the year to 31 March 2024 Supreme reported revenue of £221.2m, +42%YoY, (adj.) EBITDA of £38.1m, +97%YoY and (rptd). PBT of £30.1m, +109%YoY.

Net cash from operations grew 40%YoY to £27.1m, with year-end net cash1 of £11.6m (FY23: £3.2m). (adj.) diluted EPS was 18.19p/share (ED estimate, 20.2p). We see strong performance at gross level, +55%YoY with margin improvement from 26.3% to 28.7%.

The Group has made timely preparation for the transition to traditional refillable, rechargeable e-cigarettes, allowing it to further scale its c.60 m bottle annual production volumes, or to newer pod devices. Supported by strong cash generation Supreme has maintained its strategy of acquisition in a new product area – Soft Drinks, where we expect a full year of contribution in FY26.

Supreme trades on a FY25E (adj.) EV/EBITDA 5.5x and PE of 9.1x, offers a dividend yielding 2.6% and remains highly cash-generative, as evident in the recent cash-based acquisition of Clearly Drinks for £15.0m.

Our Fair Value remains at 225p/share, still well above current levels despite recent strength.
Posted at 02/7/2024 07:28 by aishah
Firing on all cylinders.

Revenue £221.2 +42%
Adj eps 20.9p +77%
Adj Net cash £11.6 +263%
Dividend 4.7p for the year +57%

Supreme forecasts FY25 to be another profitable and highly cash-generative year for the Group. Having made a positive start in Q1, the Group is trading comfortably in line with current market expectations5.

·      The Company's FY25 trading outlook for the Vaping and Branded Distribution divisions is expected to be largely unaffected by the Government's proposed future disposable vape ban.

·      Alongside an ongoing focus on accelerating organic growth and strategic cross-selling, the Company remains committed to exploring complementary acquisition opportunities to further scale our exceptional distribution channels. The recently announced acquisition of Clearly Drinks Limited "Clearly Drinks"), a soft drinks manufacturer and brand owner, on 21 June 2024 for a net consideration of £15 million is directly in line with this strategy. This acquisition provides product diversification for the Group as well as incremental earnings.
Posted at 01/7/2024 23:08 by aishah
Labour will simply raise tax on vapes knowing full well the revenue that will bring in. SUP have diversified too now. Win, win I think.
Posted at 17/5/2024 08:24 by gb904150
Yes, valued like a tobacco stock due to regulatory risk but a much better business.

Tobacco is in decline. Taxes will see to that in the west but in emerging markets they have a more robust and longer term business.

In the west it's a dying industry that needs to diversify into NGP's and meanwhile they have to manage all the lawsuits.

Compare that to SUP which has no legacy/liability business like that. It has a vertically integrated platform that manages multiple sectors well - batteries, lighting, health (vits and supps) and vaping.

SUP have something that is very attractive to big tobacco - multiple vape brands and tens of thousands of loyal customers. Big tobacco has lots of money and needs to diversify into NGP's.

The vape sector is growing so quickly and we've just navigated the most recent regulatory risk.

The next risk is of course a Labour government who will arrive EOY 2024 and will maybe want a battle with vapers. But Labour will want/need the tax revenues and they won't want to annoy millions of voters, so they won't be able to do that much.

At a FPE of around 7 and with 3.5% divi yield I think SUP is a good long term bet.
Posted at 24/4/2024 17:11 by elrico
Supreme PLC (AIM: SUP), a heavyweight in the fast-moving consumer goods arena, has triumphantly announced a stellar trading update for the fiscal year ending 31 March 2024. This sets the stage for a highly anticipated audit of the financial results that are revealed on 2 July 2024.

Supreme has reported an eye-popping performance for FY24, doubling its Adjusted EBITDA to a minimum of £38 million from the previous year’s £19.4 million and propelling revenues from £155.6 million in FY23 to around £225 million. This notable ascent in profitability is complemented by Supreme’s ability to conclude the fiscal year debt-free while generating unprecedented cash levels.

TTtps://smallcompanychampion.substack.com/p/surpeme-plc-fb3
Posted at 04/3/2024 12:15 by gb904150
JohnDoe23 - you are calling this right.

I've added a few more.

It seems there is a familiar pattern.

SUP announces great results, trading volumes, profits, buybacks etc. share price adds 30%.
Government threatens legislation, taxes, complication. share price loses 30%.

The point is regulation, taxes and govt complication favours big players like SUP who can respond, comply and consolidate by buying up the weaker players. SUP have already done that.

Tax on vapes isn't going to lead to any less vaping until taxes hit a critical point where vapes are no longer be affordable. What was that price point for a pack of cigarettes? £8? £10

But vaping is starting out such a low cost it will have zero effect.

Sell price on 10ml 88vape liquid - £1.


What do we think cost price is on that? 30p? So 88vape make 70p.

If the govt makes it so there is 50% tax. The new RRP is £2.

The govt now makes £1.
88vape (SUP) will still be making their 70p.

It is the consumer who will pay the tax. Not vape manufacturers.

I doubt the tax will be as hefty as that to start with.



Here they suggest an extra £1.40 tax on a £4 bottle of 10ml liquid. For an extra £72 or so cost for the year.

Compared to cigarettes vapes are so cheap so i think the impact is minimal and it's all for show.

I think around 85% of cigarette price is tax. Back in 2015 it was 83% according to this:




hxxps://news.sky.com/story/spring-budget-2024-what-to-expect-from-tax-cuts-to-vaping-duty-13081493


Vape duty

The same report said Mr Hunt is considering a "vaping products levy" which would be paid on imports and by manufacturers of vapes in an attempt to make the habit unaffordable for children.

The tax will be specifically on the liquid in vapes, with higher duties for products with more nicotine. However, to ensure vaping remains a cheaper alternative to smoking, there will also be a one-off increase in tobacco duty, with the two measures expected to raise £500m by 2028/2029, the report said.

Downing Street confirmed to Sky News that the levy is being considered "as an option".
Posted at 28/11/2023 08:32 by edmonda
"Strong H1 results raise full year outlook"

New research report here:

The H1 outcome was as indicated in the recent (18 October) Trading Update. Group guidance for the full year is now raised: from revenue of £195m - 205m to £210m - £220m (ED estimate was £204.2m); (adj.) EBITDA from £28m - £30m to £32m - £35m (ED estimate was £29.0m). From incremental EBITDA of c.£4.5m, c.£1.5m arises from core operations and c.£3.5m from the Elf distribution agreement, which supplies retailers including Tesco, Morrisons, One Stop and WHSmith.

A series of initiatives – branding and pod vape developments in particular – mean that the Group can demonstrate a realistic strategy for the potential changes in the vaping market. Supreme also reports completion of its supply and distribution centre (the ‘Ark’), noting its capacity to support both organic growth and potential M&A opportunities, with £35.3m of borrowing facilities available.

Following the Group’s increased FY24 guidance (revenue raised 7%, and (adj.) EBITDA by 14% -17%), we have raised our outlook to revenue of £221.2m, +8%, and (adj.) EBITDA of £33.5m, +16%. We expect a FY24 total dividend of c.£5.1m, with £1.7m paid at the Interim. Our Fair Value is raised to 225p/share.