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 available to see below, dividend into chapters:
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
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