FDBusiness.com

Continuing Success at Fever-Tree

 Breaking News
  • Good Year For Shepherd Neame Shepherd Neame, Britain’s oldest brewer and the owner and operator of 327 pubs, has reported an 11.7% increase in turnover to £156.2 million and a 7.2% rise in underlying operating profit to at £15.3 million for the 52 weeks ended 24 June 2017. Underlying profit before tax was up 8.0% to £11.2 million and statutory [...]...
  • Consumers Being Drawn Towards Moderate Beer Options New research from Mintel reveals that over a quarter of consumers in France (28%) and Germany (27%) agree that low or no alcohol beer* tastes just as good as full-strength beer. And while younger consumers may have been the most enthusiastic drinkers in previous generations, this group are among the most likely to see the merits [...]...
  • Celebrating 70 Years of ALPMA Preparing for a milestone anniversary is no mean feat, even for a global market leader – ALPMA Alpenland Maschinenbau GmbH recently celebrated its 70th “birthday” with invited guests from around the globe, its employees, and a subsequent open-house event. The festivities prepared by the market leader in mechanical engineering products for food and dairy processing and packaging [...]...
  • Biggest PPMA Show in 12 Years – 26-28 September 2017, NEC Birmingham More than 350 exhibitors representing 1,500 brands will descend on the NEC, Birmingham on September 26th for the biggest PPMA Show in 12 years. Taking place from 26-28 September 2017, co-located with Interplas, TCT show and Sensors and Instrumentation, the PPMA Show 2017 promises to deliver insights into the latest machinery products, technologies and materials, building on its [...]...
  • Heat Sealing Innovators, PA Demonstrate Patented Technology and Launch a New Pot Filling Machine at PPMA –  Stand A14 With over 50 years of unrivalled sealing expertise, PA support a wide range of customers from the artisan to the multinational, from initial concepts through to installation and beyond. On stand A14, PA will be exhibiting the latest patented innovative technology in high speed tray sealing and a brand new approach to pot filling and [...]...

Continuing Success at Fever-Tree

Continuing Success at Fever-Tree
March 16
15:11 2016

Fever-Tree, the world’s leading supplier of premium carbonated mixers, has reported an 82% jump in adjusted EBITDA to £18.2 million on revenue up 71% to £59.3 million for the year ended for 31 December 2015. Based in the UK, the brand was launched in 2005 to provide high quality mixers which could cater to the growing demand for premium spirits, in particular gin, but also increasingly for vodka, rum and whisky. Fever-Tree now has distribution in over 50 countries worldwide and 65% of group’s sales were derived from outside of the UK in financial year 2015, with key overseas markets in the US and Europe.

Fever-Tree achieved sales growth achieved across all regions and all flavours in 2015 including significant distribution gains in both the on- and off-trade in the UK and a new off-trade listing with Marks & Spencer.

Charles Rolls, executive deputy chairman of Fever-Tree, comments: “Fever-Tree’s on-going success is driven by a global consumer desire and demand to drink premium mixers to complement their premium spirits, and our strong first mover advantage. We are increasingly well positioned to take advantage of the growth in both the on and off-trade in all geographies with the brand’s growing international reputation. We maintain that the premium segment is still in its infancy and will continue to outperform the other drinks categories as global cross-category premiumisation continues to gain prominence.”

Tim Warrillow, chief executive of Fever-Tree, says: “2015 was an exceptional first full year for Fever-Tree as a public company in which we continued to strengthen our reputation as the leading international premium mixer brand. In our tenth year of trading we achieved a 71% increase in revenue and 82% increase in adjusted EBITDA, underpinned by strong, improving margins. Growth was strong across all of our four main geographical regions illustrating the global appeal of the brand. We have had an encouraging start to 2016 and look forward to the future with confidence.”

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 26, 2017POWTECH
  • September 26, 2017FHM2017
  • October 7, 2017ORGANIC TRADE FORUM 2017 (Anuga)
  • October 10, 2017Innovation in Non-Alcoholic Beverages Congress 2017
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements