4th Nov 2015 07:00
4th November 2015
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 2015.
The Board is pleased to announce that Fever-Tree has continued to perform strongly in the second half. Both UK and international sales have been encouraging, driven by distribution gains which have come through earlier than anticipated in our existing markets.
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.
For further information:
Fevertree Drinks plc | c/o FTI +44 (0)20 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 | |
Oliver Winters | |
Tom Hufton | |
Investec Bank plc - Nominated Adviser and Broker | +44 (0)20 7597 4000 |
Garry Levin | |
Symmie Swill | |
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 70 per cent of the Group's sales were derived from outside of the UK in financial year 2014, with key overseas markets in the US and Europe.
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