Fevertree Drinks PLC AGM Statement (0577F)
May 15 2017 - 1:00AM
UK Regulatory
TIDMFEVR
RNS Number : 0577F
Fevertree Drinks PLC
15 May 2017
15 May 2017
Fevertree Drinks plc ("Fever-Tree")
AGM Statement
Bill Ronald, Chairman of Fever-Tree, the world's leading
supplier of premium carbonated mixers, will make the following
statement at the Group's Annual General Meeting to be held at
11.30am today.
"2016 was another exceptional year for Fever-Tree which saw the
Group continue to gain market share in both the on and off trade
across all our markets.
Fever-Tree remains the pioneer and market leader of the premium
mixer category and the momentum seen in 2016 has continued in the
first four months of 2017. Given the strong sales in the period to
date, the Board anticipates that the results for the full year
ending 31 December 2017 will be comfortably ahead of current market
expectations.
We look forward to reporting further on our progress at our
interim results in July."
For further information:
c/o FTI +44 (0)20
Fevertree Drinks plc 3727 1000
Tim Warrillow, Co-founder and
CEO
Andy Branchflower, Finance
Director
FTI Consulting - Financial
PR +44 (0)20 3727 1000
Jonathon Brill fever-tree@fticonsulting.com
Oliver Winters
Georgina Goodhew
Investec Bank plc - Nominated
Adviser and Broker +44 (0)20 7597 4000
Garry Levin
Matt Lewis
David Anderson
Notes to Editors:
Fever-Tree is the world's leading supplier of premium carbonated
mixers for alcoholic spirits by retail sales value, with
distribution to over 50 countries worldwide. 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.
The Company now sells a range of carbonated mixers to hotels,
restaurants, bars and cafes ("On Trade") as well as selected retail
outlets ("Off Trade"). Approximately 56 per cent of the Group's
sales were derived from outside of the UK in financial year 2016,
with key overseas markets in the US and Europe.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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