Supreme Plc Share News (SUP)

UK earnings, trading statements calendar - next 7 days

Supreme to acquire Clearly Drinks for GBP15 million

(Alliance News) - Supreme PLC on Monday said it will buy Acorn Topco Ltd, the parent company of Clearly Drinks Ltd.

Supreme buys Clearly Drinks for £15m

(Sharecast News) - Supreme said on Monday that it has bought Clearly Drinks, a UK manufacturer of specialised canned and bottled-at-source spring water and soft drinks, for £15m.

Supreme flags record full-year financial performance

(Sharecast News) - Consumer goods specialist Supreme announced a record financial performance for the year ended 31 March in a trading update on Wednesday.

Supreme expects record sales as tackles changing e-cigarette landscape

(Alliance News) - Supreme PLC on Wednesday said it was "well positioned" to adapt to changes in the UK e-cigarette market as it reported trading in line with market expectations.

LONDON MARKET CLOSE: Pound up after UK budget; Powell does not perturb

(Alliance News) - Stock prices in London closed higher on Wednesday, as Federal Reserve Chair Jerome Powell's testimony lacked in hawkish surprises, while the pound nudged higher as traders digested a series of policy measures unveiled by UK Chancellor Jeremy Hunt.

IN BRIEF: Supreme starts previously announced share buyback programme

Supreme PLC - Manchester, England-based consumer products manufacturer and supplier - Begins share buyback programme worth up to GBP1.0 million, as originally announced on Monday last week, which is expected to complete by no later than the end of April. Says an extension to this would be subject to a further announcement. The board considers its "strong balance sheet and cash generation provides an opportunity to repurchase shares at attractive levels", taking advantage of current market conditions. Says this "reflects the board's confidence in the group's future value and dedication to enhancing shareholder returns, alongside its continued investment in the group's strategy."

LONDON MARKET CLOSE: Stocks slightly down pre US Fed, Bank of England

(Alliance News) - Stock prices in London closed mutedly lower on Monday, ahead of a busy week of interest rate decisions and economic data.

Supreme sets buyback and says "ahead of curve" amid vapes crackdown

(Alliance News) - Supreme PLC on Monday unveiled a share buyback, announced strong trading and moved to soothe investor worry related to a UK clampdown on disposable vaping products.

Millions knocked off value of disposable vaping firms ahead of UK ban

(Alliance News) - Shares in vaping firms tumbled on Monday morning as disposable vapes are set to be banned in Britain.

Chill Brands, Supreme shares slide on disposable vape ban announcement

(Sharecast News) - The UK government announced a ban on disposable vapes overnight on Monday, as part of its efforts to combat the increasing trend of youth vaping and ensure children's wellbeing, sending shares in Chill Brands and Supreme southwards.

LONDON MARKET MIDDAY: Downbeat trade ahead of US jobs report

(Alliance News) - Stock prices in Europe were lower on Friday afternoon, with inflation jitters returning to the market following a hotter-than-expected eurozone consumer price index reading.

IN BRIEF: Supreme acquires FoodIQ assets out of administration

Supreme PLC - Manchester-based consumer products manufacturer and supplier - Acquires the trade and assets of protein manufacturer FoodIQ UK Holdings Ltd out of administration for GBP175,000. Says the acquisition provides it with access to a "purpose-built, state-of-the-art, accredited, automated contract manufacturing facility that opened only 18 months ago and cost almost GBP1.2 million to build". Supreme plans to keep the facility operational from its site near London and expects that the facility will increase Supreme's wellness manufacturing capacity by around 40%. Chief Executive Officer Sandy Chadha says: "We are delighted to have completed this acquisition, which provides our fast-growing Sports Nutrition & Wellness division with the manufacturing capacity required to meet growing demand. We have used Food IQ in the past to manage capacity requirements in our Sports Nutrition & Wellness division so are familiar with their capability."

Supreme Plc buys sports nutrition manufacturer FoodIQ

(Sharecast News) - Supreme, the AIM-listed supplier of branded and licensed consumer products, has purchased out of administration the trade and assets of sports nutrition company FoodIQ UK.

Supreme hails Elfbar as interim profit jumps; eyes future surge

(Alliance News) - Supreme PLC on Tuesday said that the second half of its current financial year started "very well" as it reported a surge in first-half profit and hiked its dividend.