Fever Tree (FEVR LN, HOLD, T/P 1700p) interim results reported brisk 77% revenue growth to £71.9m (H1 2016: £40.6m). Adjusted EBITDA at the half year stage rose 102% to £25.2m (H1 2016: £12.4m) and diluted EPS increased by 106% to 16.7p (H1 2016: 8.1p). The UK drove revenue growth, benefiting from distribution gains made in H2 2016 and the strong performance of the off-trade which now accounts for 50% of UK’s revenue split. These strong set of results mean Fever
25 Jul 2017
Sparkling UK Dominates H1 Sales Growth
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Sparkling UK Dominates H1 Sales Growth
Fevertree Drinks PLC (FEVR:LON) | 1,102 187.4 1.6% | Mkt Cap: 1,286m
- Published:
25 Jul 2017 -
Author:
Chris Wickham -
Pages:
5
Fever Tree (FEVR LN, HOLD, T/P 1700p) interim results reported brisk 77% revenue growth to £71.9m (H1 2016: £40.6m). Adjusted EBITDA at the half year stage rose 102% to £25.2m (H1 2016: £12.4m) and diluted EPS increased by 106% to 16.7p (H1 2016: 8.1p). The UK drove revenue growth, benefiting from distribution gains made in H2 2016 and the strong performance of the off-trade which now accounts for 50% of UK’s revenue split. These strong set of results mean Fever