Trading Update

RNS Number : 4534E

Fevertree Drinks PLC

04 November 2015

 

4^th 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 [phone]
Tim Warrillow, Co-founder and CEO
Charles Rolls, Co-founder and Executive Deputy Chairman
Andy Branchflower, Finance Director
FTI Consulting - Financial PR	[phone]
Jonathon Brill	[e-mail]
Oliver Winters
Tom Hufton
Investec Bank plc - Nominated Adviser and Broker	[phone]
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.

 

END

 

 

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