Fevertree Drinks Share Discussion Threads

[broadwood] 24/1/2018 09:35

- Fever-tree said it expects full year revenue to rise nearly 66% to about £169m for the year ended 31 December 2017, compared to the previous year.

The company said it delivered another period of strong growth with full year revenue expected to be circa £169m, reflecting growth of 66% on 2016 with sales in the second half of the year expected to be ahead of the prior year period by 58%.

The upbeat outlook was underscored by strong performance in the UK as full year revenue is expected to rise to nearly 96% versus revenue in 2016. The beverage company said strong performance over the Christmas period was mainly driven by an impressive rate of sales growth across all channels, formats and flavours.

Sales in mainland Europe performed well in the second half of 2017, and the company anticipates that full year revenue will be circa 42% ahead of 2016. In the USA, the company saw revenue grow during the second half of 2017, and as a result, expects full year revenue for the territory to be nearly 39% ahead of 2016.

Fever-tree's said its Rest of World sales growth accelerated in the second half of 2017 and full year revenue is expected to be nearly 57% ahead of 2016.

Tim Warrillow, Co-founder and CEO of Fever-Tree said: 'I am very proud of our performance in 2017 which has seen Fever-Tree end the year as the number one mixer brand at UK retail.

'While we have seen strong growth across all regions, our performance in the UK over the Christmas period was once again exceptional.'

Fever-Tree will announce its preliminary results on 13th March 2018.

[villarich] 24/1/2018 08:49

Nothing ccr, Christh doesn't like being called out on the rubbish he posts. Seems to think anyone who puts a logical point across, either as a trader or an investor is a shorter.

[ccr1958] 24/1/2018 08:45

Come on chaps ,were making money in our own ways ,what’s wrong with that ?

[villarich] 24/1/2018 08:40

No thanks, I'm only 196% up at the moment. Need to break 200% before the villa becomes an option.LOL

[ccr1958] 24/1/2018 08:39

Sellers in control ,profit time por moi . You have to hold to take profit .

[christh] 24/1/2018 08:38

Villarich
Sell a few and buy another villa in Spain or France or Greece.
You will be Villaeuro!!!!

LOL

[villarich] 24/1/2018 08:36

Here's a prediction...Tomorrow will be Thursday. Mark my words. You heard it here first. If it happens, it's all down to me. I'm a genius.

[juzzer100] 24/1/2018 08:30

Woohoo! Fantastic results and share price reaction. Am I missing something or are the US behind simply because we haven't had a proper presence there? I think the fact the US is 'lower' shows enormous potential. Happy days!

[martywidget] 24/1/2018 08:29

...Investment bank Investec says it has increased its 2018 sales and earnings per share forecasts by approximately 7%.

It now expects Fevertree to generate £194.8m in revenue, £59.4m pre-tax profit (2017 forecast: £56.8m) and 40.9p earnings per share (2017 forecast: 39.3p)...

Fevertree smashes expectations once again as it becomes the number one UK mixer brand

[christh] 24/1/2018 08:27

23 Jan '18 - 14:50 - 1782 of 1803
Tomorrow will hit £26!

Did someone take a hint of this?

I hope you did and make a bundle.

[terry topper] 24/1/2018 08:19

As DiscoDave4 says the US does look a bit disappointing, but the existing distributor (Brands of Britain) probably took the foot off the pedal when they found out that FEVR were taking US distribution in house.

[villarich] 24/1/2018 08:06

Good start above £25. Let's see if it holds

[discodave4] 24/1/2018 07:42

Excellent results, no surprise that the rate of growth is slowing a bit, surprisingly not for Europe though, the US looks a bit disappointing IMO and can see why they are throwing more cash at it.Doubt it will end at £25 and may dip, who knows, not me!.The vulture BB is circling already!DD

[bookbroker] 24/1/2018 07:36

All factored in judging by the current rating, they’ll pop and then settle back!

[villarich] 24/1/2018 07:33

Comfortably ahead sounds good. And no mention of a takeover - surprise surprise.

[jarega85] 24/1/2018 07:27

Excellent results, just full of positivity. Although no mention of approaches of takeovers but who cares!

[ccr1958] 24/1/2018 07:21

Excellent update again , fantastic growth as expected but nice to see ! Full year rev.for UK expected to be 96% ahead of 2016. Impressive.

[rackers1] 24/1/2018 07:18

Wave goodbye to £25 today

[gersemi] 24/1/2018 07:16

What a company. The ASOS of the mixer world

[wetdream] 24/1/2018 07:13

Trading update released on time.
Excellent results, as expected.
:-)

[zippel] 23/1/2018 20:47

Have a Fevertree & gin and keep calm,only a few hours to go !

[ccr1958] 23/1/2018 20:36

See you in the am chaps .. sleep well !