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Fevertree Results To "Materially" Beat Expectations On Strong Sales

4th Nov 2015 09:00

LONDON (Alliance News) - Fevertree Drinks PLC on Wednesday said its results for 2015 will be "materially" ahead of the board's expectations, after performing strongly so far in the second half.

The supplier of carbonated mixers for alcoholic spirits said that both UK and international sales have been encouraging, driven by distribution gains which have come through earlier than anticipated.

"Given the strong sales in the period to date, the board anticipates that the results for the full year will be materially ahead of board expectations," the company said.

Shares in Fevertree were trading up 9.3% at 474.00 pence Wednesday morning following the announcement.

By Karolina Kaminska; [email protected] @KarolinaAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.


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Fevertree
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