Supreme PLC's (AIM:SUP) update looks to be one of the more interesting updates scheduled for next week.
Valued at around £190 million, the vape specialist has shot up recently on its acquisition of Clearly Drinks for £15 million in a deal that adds 'diversity' to the former's earnings.
Clearly, founded in 1885, manufactures and bottles spring water and soft drinks in cans, glass, and plastic bottles.
Supreme had already forecast a record financial performance in its full-year 2024, driven by organic revenue and profit growth across all divisions.
In a statement, it said it had almost doubled profitability year-on-year, generated record levels of cash and ended the year debt-free.
Supreme expects to report revenue of around £225.0 million (FY23: £155.6 million) and adjusted EBITDA of at least £38.0 million (FY23: £19.4 million.
All this has been achieved against the backdrop of a clampdown on vaping by Rishi Sunak’s government.
What a prospective change of government and its policies on vaping will mean for the business will be worth noting.