Fevertree Drinks Plc provided revenue guidance for the year ended December 31, 2021 and fiscal year 2022. Fever-Tree delivered an excellent top line performance in 2021 with strong growth across all key markets. The company expects to deliver full year revenues of c.£311 million revenue, an increase of 23% year-on-year (26% at constant currency) and ahead of the guidance provided at Interim Results in September.

For the year 2022, the Off-Trade continues to perform well across regions as at-home consumption and interest in premium long mixed drinks becomes increasingly established, supported by both retailers and spirits companies. The company expects Off-Trade demand to remain at higher levels than pre-pandemic and are well placed to benefit from this sustained shift in consumer behaviour. The company also remain confident that the On-Trade will continue to recover as the company progress through the year. Consequently, the company estimate that the company will grow revenue to between £355 million and £365 million in FY22.