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Premium Drinks Maker Fever-Tree Expects To ‘Comfortably’ Beat Full-Year Expectations

Published on Jul 24 2018 9:59 AM in A-Brands tagged: Drinks / tonic water / Fever Tree / Paywall / Mixers

Premium Drinks Maker Fever-Tree Expects To ‘Comfortably’ Beat Full-Year Expectations

Fever-Tree Drinks Plc expects full-year results to be "comfortably ahead" of its expectations, as the premium drinks maker reported a 35% jump in first-half core earnings on the back of strong sales in the UK.

Fever-Tree, which makes flavoured tonic water and other carbonated mixers, said adjusted earnings before interest, tax, depreciation and amortisation rose to £34 million in the six months ended June 30, from £25.2 million a year earlier.

Revenue rose 45% to £104.2 million.

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