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Fevertree Drinks Warns On Revenue As UK Christmas Trading Disappoints
Fevertree Now Sees FY Rev Between 266-268 Mln Stg
Fevertree HY Rev Rises, Sees FY Results In Line With View
Fevertree Drinks plc is a United Kingdom-based holding and investment company. The Company is a developer and supplier of premium mixer drinks. The Company's premium mixers consist of a range of all natural carbonated mixers, including Tonics, Ginger Ale, Ginger Beer, Bitter Lemon and Lemonades. The Company sells a range of products under the Fever-Tree brand, which include Indian Tonic Water, Naturally Light Tonic Water, Elderflower Tonic Water, Mediterranean Tonic Water, Ginger Ale, Ginger Beer, Naturally Light Ginger Beer, Bitter Lemon, Sicilian Lemonade, Lemonade, Spring Soda Water and Premium Cola. The Company caters to hotels, restaurants, bars and cafes, as well as supermarkets. The Company sells its products to a range of markets, such as the United Kingdom, Europe and North America.
186-188 Shepherds Bush Road
William David Gordon Ronald
Chairman of the Board
Timothy Daniel Gray Warrillow
Co-founder and Chief Executive Officer, Director
Co-founder and Executive Deputy Chairman
Finance Director, Company Secretary, Executive Director
Domenic De Lorenzo
Independent non-executive Director
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* Interactive graphic on UK's tonic market: https://tmsnrt.rs/2sCzAwy (Adds analyst quotes, graphic)
UK shares were largely unchanged on Monday, with trading volumes thin due to a U.S. holiday, while premium tonic water maker Fevertree and mall operator Intu Properties tumbled among smaller stocks.
Premium tonic water maker Fevertree Drinks Plc said on Monday that annual revenue growth of 10% would be below its expectations, hurt by subdued Christmas trading in Britain.
Premium tonic water maker Fevertree Drinks Plc on Wednesday warned on its annual revenue as Britons spent less on its mixers sold in retail stores, even as other regions, especially the United States, performed well.
Premium tonic water maker Fevertree Drinks Plc said on Wednesday it was still being hurt by slack consumer spending in Britain, even as other regions, especially the United States, were performing well.
Premium tonic water maker Fevertree Drinks Plc on Tuesday reported a 34 percent jump in annual adjusted core earnings, as Britons' gin thirst grew and supported demand for the company's mixers.
British premium drinks maker Fevertree Drinks Plc on Tuesday reported a 34 percent jump in annual adjusted core earnings, as Briton's gin thirst grew and supported demand for the company's mixers.
* Expects estimate-beating revenue (Adds market share, context)
Premium drinks maker Fevertree Drinks said its full-year revenue would be almost 40 percent higher, driven by strong demand in the UK.
* Brokerage Investec raises 2018 revenue estimate (Adds shares, details on U.S market, analyst estimate)
Fevertree Drinks Plc expects full-year results to be "comfortably ahead" of its expectations, as the premium drinks maker reported a 35 percent jump in first-half core earnings on the back of strong sales in the UK.
* FOLLOWING ADMINISTRATION OF CONVIVIALITY PLC, A COMPANY OF WHICH DAVID ADAMS IS CHAIRMAN, DAVID RESIGNS AS NON-EXEC DIRECTOR OF CO Source text for Eikon: Further company coverage:
* ADVISED BY CHARLES ROLLS THAT HE INTENDED TO SELL ABOUT 1.5 MILLION SHARES IN VIA ACCELERATED BOOKBUILD PLACING TO INSTITUTIONAL INVESTORS
* HAS BEEN ADVISED BY CHARLES ROLLS THAT HE INTENDS TO SELL APPROXIMATELY 1,500,000 ORDINARY SHARES IN CO
* FY ADJUSTED EBITDA OF £58.7 MILLION VERSUS £35.8 MILLION LAST YEAR
Fevertree Drinks Plc reported a 64 percent jump in full-year core earnings as the tonic water maker benefited from Britain's thirst for gin.
Premium drinks maker Fevertree Drinks Plc reported a 64 percent jump in full-year core earnings, helped by strong sales in the UK.
With Britain's thirst for gin showing no sign of letting up, upmarket tonic and mixers maker Fevertree Drinks said on Wednesday its 2017 results would beat analysts' expectations.
Premium drinks maker Fevertree Drinks said its full-year results would significantly exceed current market expectations on strong sales in the UK.
* SALES IN SECOND HALF EXPECTED TO BE AHEAD OF PRIOR YEAR PERIOD BY 58%
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.