Shakespeare: Fever-Tree’s a hit with the drink-from-home consumer during lockdown September 23, 2020 This month Fever-Tree, a producer of high quality drink mixers, announced that they are expecting a very gradual recovery as consumers return to restaurants and pubs now that they are reopening following coronavirus. Fever-Tree has managed to limit the hit to its sales as consumers shifted to at-home drinking, helped by the brand’s first national [...]
Fever-Tree shares lose fizz as bar closures bite September 8, 2020 Fever-Tree’s share price slipped more than five per cent as markets opened this morning, after lockdown-enforced bar and pub closures left the brand too reliant on supermarket sales. Overall revenue fell 11 per cent year on year in the six months to the end of June, dropping to £104.2m from £117.3m. In the UK a [...]
Fever-Tree shares fall as bar closures impact sales July 14, 2020 Fever-Tree’s share price fell more than five per cent this morning, as investors took stock of its trading update amid the coronavirus pandemic. While the first two months of this year were in line with the company’s expectations, the drinks maker said trading had been “dominated” by coronavirus from March onwards. Its so-called on-trade division [...]
AIM high: At 25, the junior index is coming of age July 7, 2020 In June, AIM turned 25 years old. The index has passed its somewhat risky youth and maturity is treating it well. With stripped-down regulatory and governance requirements, the junior exchange has, over the past 25 years, offered companies an easier platform to raise capital. As the London Stock Exchange puts it, “AIM helps founders and [...]
Fever Tree sales remain strong as drinkers stockpiled for lockdown April 22, 2020 Fever Tree has enjoyed strong sales in its key markets as consumers increase the frequency and size of orders during the coronavirus lockdown. The tonic retailer said its “off-trade channel” which accounts for 55 per cent of group sales was characterised by a period of strong sales in the initial weeks of the crisis. As [...]
DEBATE: Has Fever-Tree lost its fizz as growth in the UK slows down? November 21, 2019 Has the fizz gone out of tonic water maker Fever-Tree as growth in its core UK market slows down? Joe Healey, investment research analyst at The Share Centre, says YES. Fever-Tree has had a good run, but investors are likely to be tetchy going forward. The drinks phenomenon has struggled in its main UK market [...]
Road to redemption: Dan Evans is Britain’s best bet at Wimbledon after bouncing back from ban June 26, 2019 It took Dan Evans having everything taken away from him to realise what he had put at jeopardy. In the 13 months since returning from a year ban for taking cocaine, he has climbed over 1,000 places in the world rankings to return to the top 100. In the last month he has excelled on [...]
Cameron Norrie interview: British No2 on his form, Olympic dream and Queen’s and Wimbledon hopes June 16, 2019 Andy Murray may have been kept out of picture by injury but recent months have been a pretty positive time for British men’s tennis. Kyle Edmund, Cameron Norrie and Dan Evans have been flying the flag high in Murray’s absence, with all three currently on the up and inside the top 70 of the world [...]
Andy Murray Queen’s comeback: Hip expert warns of ‘very difficult’ road for former British No1 June 12, 2019 After 154 days without competitive tennis – a period which involved a much-discussed operation, extensive rehabilitation, plenty of pain, but also time with his family and friends – Andy Murray will make his long-awaited return at Queen’s Club next week. It may come on the doubles court rather than the singles and may be in [...]
Botanical drinks startup with top City backers set for crowdfunding May 14, 2019 A botanical drinks startup which counts high-profile City veterans and celebrities among its backers is set to launch a £1m crowdfunding in its latest expansion drive. David Spencer-Percival, the serial entrepreneur who runs No.1 Rosemary Water, told City A.M. he is looking to lure in fresh capital amid a global product drive and the launch of [...]