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magazineFevertree is full of fizz
The share of the value growth Fevertree Drinks (FEVR:AIM) has driven in the entire UK mixer category within retail in the past 12 months stands at 99%.
The premium carbonated mixers marvel now holds a 30% value share. This statistic demonstrates the extent to which Fevertree is transforming the UK mixer category.
Triggering yet another round of earnings upgrades for the posh tonic water-to-ginger ale supplier, first half results (25 Jul) served up by CEO Tim Warrillow revealed revenue up an astonishing 77% to £71.9m with strong growth delivered across all regions, channels and flavours. Fevertree also begins the second half with a bumper £40.5m net cash in the coffers.
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