Fever-Tree expects 39% revenue growth in 2018

Tonic water producer Fever-Tree has released its 2018 forecasts and now expects full-year revenue to increase by 39% to £236 million (US$309m). The carbonated mixer producer witnessed “very strong” revenue growth of approximately 53% in the UK with a “robust rate of sales growth” in the on- and off-trade. The growth was attributed to an “outstanding” summer trading period and a “strong performance” during Christmas. In the US, the firm reports “significant operational progress” in…

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