Fever Tree’s (FEVR LN, BUY, T/P 590p) trading statement for 2015 beat both our own and market expectations as group sales are expected to advance by 77%. Moreover, with positive gross margin trends and finance costs, there is scope to upgrade EPS. Fever Tree is performing well. BUY.
25 Jan 2016
Beating expectations – again
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Beating expectations – again
Fevertree Drinks PLC (FEVR:LON) | 1,187 -130.6 (-0.9%) | Mkt Cap: 1,385m
- Published:
25 Jan 2016 -
Author:
Chris Wickham -
Pages:
3
Fever Tree’s (FEVR LN, BUY, T/P 590p) trading statement for 2015 beat both our own and market expectations as group sales are expected to advance by 77%. Moreover, with positive gross margin trends and finance costs, there is scope to upgrade EPS. Fever Tree is performing well. BUY.