Chicken Lips
11 Mar 2018
Gin Sales Hit New Record High - The Times Sales of gin, known as “mother’s ruin” since the 18th century, have hit a record high.Gin enthusiasts bought a total of 51m bottles — the equivalent of a bottle for every adult in the UK — last year, according to the Wine and Spirit Trade Association.The volume purchased is 27% higher than it was in 2016, the equivalent of more than 9.5m more bottles.The boom in sales has been helped by the growth in the number of gin distilleries in the UK. There are now 315, twice the number that were operating five years ago.The growing number of brands has in turn led to the proliferation of bars selling only gin, serving more than 100 British brands.Miles Beale, chief executive of the Wine and Spirit Trade Association, said: “We were amazed by the growth of gin in 2016, but 2017 sales have surpassed all records again.“It is a delightful combination of a quality British product steeped in history combined with innovation by UK distillers who are producing a huge range of gins catering for the consumers’ increasingly sophisticated palates.”The popularity of gin has also helped the sale of good-quality tonics to help bring out the flavour. [link]
Tatty
10 Mar 2018
Re: Beware on Tuesday Last year the shares fell first thing but then rose strongly to finish on another all time high. I guess that was a combination of free shaking and profit taking. Will be interesting to see if same happens this time.The SP is about double what is was a year ago. If profits double and outlook still strong, momentum could be maintained after a slight wobble.
peddlar
10 Mar 2018
Beware on Tuesday This could go up or down massively .I lost out ( chickened out )only to see this go straight back up,in August 2017.I am surprised its going up even now on daily basis.(perhaps its because i am out at present)But last year this time fever did shoot up £3-£4 in a day !!!!Good luck.
Chicken Lips
09 Mar 2018
Re: Results not far off now.. Wasn't there quite a pull back last year after stella results or am I misremembering. Still a great company with loads of potential. Been in and out over the years, always suffered from vertigo!
king-canute
09 Mar 2018
Re: Results not far off now.. The results due on Tuesday of next week will have to be very good plus other news re sales to sustain the current price.
donna blitzen
09 Mar 2018
Re: Results not far off now.. Through £28 now. Clearly high expectations for Tuesday's results and , more particularly for the outlook statement.
king-canute
09 Mar 2018
Re: Results not far off now.. High of 27.62 to buy so far this morning, tempting to take my profits but will probably hold on for the longer term. I am not one for ducking in and out as a day or short term trader.
king-canute
07 Mar 2018
Re: Results not far off now.. The price may be rising far too fast in relation to the actual imminent and medium term results. The share price may fall after the forthcoming announcement or rise, who knows? The January announcement said "...the board expects that the outcome for the full year will be comfortably ahead of market expectations". Not "Well ahead of market expectations".£30 may be on the cards this year, I won't complain about that. The threats are that we may see competition emerge. Schweppes will almost certainly counter attack to regain market share in the UK.I am latecomer investor in Fevertree shares so won't boast about buying the shares two years ago. I had a Christmas present of some Gin and Fevertree tonic in 2015 I think or maybe 2016, I should have bought the shares back then. As always very easy to be wise after any event.
Tatty
06 Mar 2018
Results not far off now.. ...we know the results will be good. The SP is now nudging all time highs. Can this train keep up the momentum? The feedback on International sales could be the kicker.
II Editor
26 Jan 2018
NEW ARTICLE: The week ahead: Vodafone, Unilever, US rates and non-farm payrolls "As politicians and company chiefs return from Davos, watch for a rush of big name corporate results and significant data releases both sides of the pond.Monday 29 JanuaryTrading StatementsConviviality Retail, Filtronic, SThree, Porvair, Yu Group, ..."[link]
Chicken Lips
24 Jan 2018
Todays Times Fevertree Drinks was breaking out the bubbly of a different kind yesterday as it announced that it had overtaken Schweppes as the biggest-selling retail brand of mixers (Dominic Walsh writes).As the posh tonic maker made it a “perfect dozen” by delivering its 12th consecutive profits upgrade since its stock market flotation in 2014, it also quoted figures from IRI, the data provider, for the 13 weeks to the end of December, in which its off-trade, or retail, market share reached 39 per cent, compared with 31 per cent for Schweppes.Fevertree was launched in 2005 by Charles Rolls, a former managing director of Plymouth Gin, and Tim Warrillow, an advertising and branding executive, to make high-quality tonic to cater for the premium gin market. Today, it sells a range of mixers, including Sicilian lemonade, ginger ale and Madagascan vanilla cola, in more than 60 countries.Mr Warrillow said that the lead over Schweppes, which is owned by Coca-Cola in the UK, had accelerated in the past four weeks, with Fevertree on 43 per cent and Schweppes on 30 per cent.However, a spokeswoman for Schweppes said that these numbers referred to value, not volume. “Schweppes is still No 1 in off-trade in volume and No 1 in on-trade. More people are drinking Schweppes in pubs and bars than any other tonic.”[link]
JohnOfYork
24 Jan 2018
Re: RNS excellent Buy Much more detailed statement than normal. The SP is very erratic.
Nige the snake
24 Jan 2018
RNS excellent Buy Fevertree Drinks plc ("Fever-Tree", the "Group" or the "Company"
Trading UpdateFever-Tree, the world's leading supplier of premium carbonated mixers, is pleased to announce its trading update for the year ended 31 December 2017.The Company has delivered another period of very strong growth with full year revenue expected to be circa £169 million, reflecting growth of 66% on 2016 with sales in the second half expected to be ahead of the prior year period by 58%.The performance in the UK in the second half of 2017 has once again been exceptionally strong. The Company gained significant market share from its competitors culminating in Fever-Tree ending the year as the number one mixer brand by value in the UK off-trade channel. (IRI - Total UK Retail Mixer Market value share - 13 weeks to 31/12/17).Full year revenue in the UK is expected to be circa 96% ahead of 2016. The Group's performance over the Christmas period was particularly notable with impressive rate of sales growth across all channels, formats and flavours. The growth of the mixer category continues to accelerate, driven by Fever-Tree's unwavering focus on quality and supported by the on-going premiumisation of the wider spirits sector.Sales in Continental Europe performed well in the second half of 2017, and it is anticipated that full year revenue will be circa 42% ahead of 2016.In the USA, strong revenue growth also continued during the second half of 2017, and as a result, full year revenue for the territory is expected to be circa 39% ahead of 2016. The establishment of a North American office and the appointment of Charles Gibb as North American CEO, announced in December 2017, were significant milestones and reflect the Group's ambition and commitment to the North American market.Rest of World sales growth accelerated in the second half of 2017 and full year revenue is expected to be circa 57% ahead of 2016.In view of the Company's very strong sales performance in the final two months of the year, the Group took the opportunity to bring forward planned operational expenditure in the US to invest ahead of growth. Year-end net cash position is anticipated to be in line with Board expectations with significant cash balances still to collect given the strength of trading over the Christmas period.FY17 expectationsReflecting the continued strong performance through to the end of the year, the Board expects that the outcome for the full year will be comfortably ahead of market expectations.Fever-Tree will announce its Preliminary Results on 13th March 2018. Commenting on today's announcement, Tim Warrillow, Co-founder and CEO of Fever-Tree said:"I am very proud of our performance in 2017 which has seen Fever-Tree end the year as the number one mixer brand at UK retail. Our pioneering approach and commitment to providing consumers with the highest quality range of mixers continues to capture peoples' imagination and is transforming the wider UK mixer category which as a result is now the fastest growing category across the soft drinks sector.While we have seen strong growth across all regions, our performance in the UK over the Christmas period was once again exceptional. Our growing range of mixers and formats are appealing not only to our loyal customers but also bringing consumers back to the category and importantly attracting a new younger audience.There is clear evidence that the same trends of premiumisation and mixability that we've previously highlighted are accelerating and we are increasingly excited by the global opportunity this presents particularly as we transition to our own operations in the US." For further information: Fevertree Drinks plcTim Warrillow, Co-founder and CEOAndy Branchflower, Finance DirectorOliver Winters, Communications Director+44 (0)20 7349 4922FTI Consulting - Financ
pendil
19 Jan 2018
Re: SP Movements today takeover here you... It looks to me like a case of adding 2 and 2 and coming up with an answer of about 17. To me it's very hard to see a narrative in which the appointment of a Unilever man as an NED is consistent with, or increases the chances of, a bid from Unilever in the near term. Of course "close ties" might increase the chances of a bid in the longer term say 2019 or 2020.Nevertheless I think Fevertree looks reasonable value given the current growth trajectory.
