Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Fevertree Drinks PLC    FEVR   GB00BRJ9BJ26

FEVERTREE DRINKS PLC (FEVR)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets

Fevertree Drinks : full-year profit jumps 64 percent on Britain's gin craze

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/13/2018 | 03:33pm CEST
FILE PHOTO: Products from the drinks company Fever-Tree are displayed in London

(Reuters) - Fevertree Drinks Plc (>> 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.

(Reuters) - 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.

Fevertree, which makes flavoured tonic water and other mixers, has gained from a boom in demand for premium gin in the UK, with shares soaring nearly 17-fold since their listing in 2014.

The company said its UK revenue nearly doubled in 2017 with "particularly notable" performance over the Christmas period.

Fevertree, named after the colloquial term for the cinchona tree, the bark of which produces quinine - a key ingredient in tonic water - has become one of the largest companies on London's junior AIM market, with a market value of around 3.1 billion pounds.

A move by Coca-Cola's (>> Coca-Cola Company (The)) Schweppes to compete in premium drinks caused some weakness in Fevertree stock late last year.

The company said in January that it had gained "significant market share", soothing investor worries about a pick-up in competition from bigger rival Schweppes, which has recently increased its presence in premium products.

Fevertree, said adjusted earnings before interest, tax, depreciation and amortisation rose to 35.8 million pounds ($49.7 million) in the year ended Dec. 31, from 58.7 million pounds a year earlier.

Revenue rose 66.5 percent to 170.2 million pounds.

(Reporting by Arathy S Nair in Bengaluru; Editing by Gopakumar Warrier)

Stocks treated in this article : Coca-Cola Company (The), Fevertree Drinks PLC
Stocks mentioned in the article
ChangeLast1st jan.
COCA-COLA COMPANY (THE) 0.07% 45.96 Delayed Quote.0.11%
FEVERTREE DRINKS PLC 0.01% 3673.19 Delayed Quote.61.31%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FEVERTREE DRINKS PLC
07/24BRITVIC : CO2 shortage takes fizz out of Britvic's summer sales
RE
07/24FEVERTREE DRINKS : British gin craze to boost results for tonic maker Fevertree,..
RE
03/20FEVERTREE DRINKS : Tennis - Fever-Tree puts fizz back into Queens
RE
03/13Pound pummels FTSE, results roil mid caps
RE
03/13FEVERTREE DRINKS : full-year profit jumps 64 percent on Britain's gin craze
RE
03/08FEVERTREE DRINKS PLC : annual earnings release
01/24Gin boom keeps sales of tonic maker Fevertree fizzing
RE
2017FEVERTREE DRINKS : Forget Bitcoin bubble - will Fevertree go pop?
RE
2017Sterling, oil fail to lift FTSE as G4S, ABF weigh
RE
2017FEVERTREE DRINKS : sees full-year results ahead of market expectations
RE
More news
News from SeekingAlpha
09/13Fevertee mentioned as possible PepsiCo target 
04/15FEVERTREE : A Strong Performance, A Good Product, But Too Expensive For Me 
2017FEVERTREE DRINKS : U.K. Mid-Cap Growth Stock With 100%+ Upside Potential 
2017FEVER-TREE : Continued Strength For The Premium Market 
2017FOCUS ON EUROPE : Who Earned A $250M Performance Bonus Last Week? 
Financials (GBP)
Sales 2018 224 M
EBIT 2018 69,5 M
Net income 2018 55,8 M
Finance 2018 81,4 M
Yield 2018 0,33%
P/E ratio 2018 76,29
P/E ratio 2019 64,28
EV / Sales 2018 18,7x
EV / Sales 2019 15,3x
Capitalization 4 265 M
Chart FEVERTREE DRINKS PLC
Duration : Period :
Fevertree Drinks PLC Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FEVERTREE DRINKS PLC
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 39,4  GBP
Spread / Average Target 7,2%
EPS Revisions
Managers
NameTitle
Timothy Daniel Gray Warrillow Chief Executive Officer & Director
Bill Ronald Non-Executive Chairman
Andrew Branchflower Finance Director, Secretary & Director
Charles Timothy Rolls Non-Executive Deputy Chairman
Coline Lucille McConville Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
FEVERTREE DRINKS PLC61.31%5 608
DIAGEO-4.11%85 334
PERNOD RICARD1.21%41 712
BROWN-FORMAN CORPORATION-11.46%23 740
THAI BEVERAGE PUBLIC COMPANY LIMITED-29.35%11 914
DAVIDE CAMPARI-MILANO SPA12.41%9 983