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Can Britons’ thirst for Fevertree and gin continue?

Fevertree Drinks, the maker of upmarket mixers for gin aficionados, posted an excellent set of full-year numbers – but its shares fell. The company needs to smash expectations to justify its rating.

Garry White


Fevertree Drinks shares were looking distinctly flat today, falling almost 5% in morning trading after it issued its full-year numbers. We already knew that sales were up an impressive 66% year-on-year, as this was revealed in its January trading update. Operating profits also came in about 1.4% ahead of consensus expectations, its gross profit margin was 53.5% and its cash holding almost doubled from the end of 2016 to almost £51m.

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