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FEVR Fevertree Drinks Plc

1,102.00
17.00 (1.57%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Fevertree Drinks Plc LSE:FEVR London Ordinary Share GB00BRJ9BJ26 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  17.00 1.57% 1,102.00 1,101.00 1,104.00 1,106.00 1,050.00 1,050.00 185,393 16:35:06
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Wine & Alcoholic Bev-whsl 364.4M 15.4M 0.1320 83.41 1.28B

Fevertree Drinks PLC Trading Statement (4317O)

07/11/2016 7:00am

UK Regulatory


Fevertree Drinks (LSE:FEVR)
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From Apr 2019 to Apr 2024

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TIDMFEVR

RNS Number : 4317O

Fevertree Drinks PLC

07 November 2016

7(th) November 2016

Fevertree Drinks plc ("Fever-Tree")

Trading Update

Fever-Tree, the world's leading supplier of premium carbonated mixers for alcoholic spirits by retail sales value, today announces a trading update ahead of the year ending 31 December 2016.

The Board is pleased to announce that Fever-Tree has continued to perform strongly in the second half of the year. The performance in the UK, the Group's largest market, has been particularly strong as new distribution gains have combined with a continued rate of sales growth.

Given the strong sales in the period to date, the Board anticipates that the results for the full year ending 31 December 2016 will be materially ahead of current market expectations.

For further information:

 
                                  c/o FTI +44 (0)20 
 Fevertree Drinks plc              3727 1000 
 Tim Warrillow, Co-founder and 
  CEO 
 Charles Rolls, Co-founder and 
  Executive Deputy Chairman 
 Andy Branchflower, Finance 
  Director 
 
 FTI Consulting - Financial 
  PR                              +44 (0)20 3727 1000 
 Jonathon Brill                   fever-tree@fticonsulting.com 
 Oliver Winters 
 Georgina Goodhew 
 
 Investec Bank plc - Nominated 
  Adviser and Broker              +44 (0)20 7597 4000 
 Garry Levin 
 Matt Lewis 
 David Anderson 
 
 

Notes to Editors:

Fever-Tree is the world's leading supplier of premium carbonated mixers for alcoholic spirits by retail sales value, with distribution to over 50 countries worldwide. Based in the UK, the brand was launched in 2005 to provide high quality mixers which could cater to the growing demand for premium spirits, in particular gin, but also increasingly for vodka, rum and whisky. The Company now sells a range of carbonated mixers to hotels, restaurants, bars and cafes ("On Trade") as well as selected retail outlets ("Off Trade"). Approximately 65 per cent of the Group's sales were derived from outside of the UK in financial year 2015, with key overseas markets in the US and Europe.

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTMMMGMNDNGVZM

(END) Dow Jones Newswires

November 07, 2016 02:00 ET (07:00 GMT)

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