Fever Tree’s (FEVR LN, HOLD, T/P 2100p) interim results on Tuesday 25th July 2017 again beat expectations. Revenue grew 77% to £71.9m (H1 2016: £40.6m) and diluted EPS rose 106% to 16.7p (H1 2016: 8.1p). In this Quick Sharpener we update our forecasts – refer to exhibit 1 and increase our price target at 2100p
28 Jul 2017
Strong H2 in Prospect – Raising Forecasts
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Strong H2 in Prospect – Raising Forecasts
Fevertree Drinks PLC (FEVR:LON) | 1,102 187.4 1.6% | Mkt Cap: 1,286m
- Published:
28 Jul 2017 -
Author:
Chris Wickham -
Pages:
4
Fever Tree’s (FEVR LN, HOLD, T/P 2100p) interim results on Tuesday 25th July 2017 again beat expectations. Revenue grew 77% to £71.9m (H1 2016: £40.6m) and diluted EPS rose 106% to 16.7p (H1 2016: 8.1p). In this Quick Sharpener we update our forecasts – refer to exhibit 1 and increase our price target at 2100p