Fevertree Drinks Achieves Steady Growth Amid Challenges
Company Announcements

Fevertree Drinks Achieves Steady Growth Amid Challenges

Fevertree Drinks (GB:FEVR) has released an update.

Fevertree Drinks PLC has reported a modest 2% revenue growth year-on-year for its Fever-Tree brand, despite challenging conditions such as poor weather in Europe and a subdued market. The company has seen significant market share growth in the US and has recommended an increased interim dividend due to a substantial improvement in margins and an 80% increase in adjusted EBITDA. With a strong balance sheet, Fevertree anticipates returning surplus cash to shareholders in FY25 and is optimistic about continued growth.

For further insights into GB:FEVR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyFevertree Drinks downgraded to Neutral from Outperform at Exane BNP Paribas
TheFlyFevertree price target lowered to 800 GBp from 1,500 GBp at Morgan Stanley
TipRanks UK Auto-Generated NewsdeskFevertree Investor Adjusts Voting Rights Stake
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App