TIDMFEVR

RNS Number : 0577F

Fevertree Drinks PLC

15 May 2017

15 May 2017

Fevertree Drinks plc ("Fever-Tree")

AGM Statement

Bill Ronald, Chairman of Fever-Tree, the world's leading supplier of premium carbonated mixers, will make the following statement at the Group's Annual General Meeting to be held at 11.30am today.

"2016 was another exceptional year for Fever-Tree which saw the Group continue to gain market share in both the on and off trade across all our markets.

Fever-Tree remains the pioneer and market leader of the premium mixer category and the momentum seen in 2016 has continued in the first four months of 2017. Given the strong sales in the period to date, the Board anticipates that the results for the full year ending 31 December 2017 will be comfortably ahead of current market expectations.

We look forward to reporting further on our progress at our interim results in July."

For further information:

 
                                  c/o FTI +44 (0)20 
 Fevertree Drinks plc              3727 1000 
 Tim Warrillow, Co-founder and 
  CEO 
 Andy Branchflower, Finance 
  Director 
 
 FTI Consulting - Financial 
  PR                              +44 (0)20 3727 1000 
 Jonathon Brill                   fever-tree@fticonsulting.com 
 Oliver Winters 
 Georgina Goodhew 
 
 Investec Bank plc - Nominated 
  Adviser and Broker              +44 (0)20 7597 4000 
 Garry Levin 
 Matt Lewis 
 David Anderson

Notes to Editors:

Fever-Tree is the world's leading supplier of premium carbonated mixers for alcoholic spirits by retail sales value, with distribution to over 50 countries worldwide. Based in the UK, the brand was launched in 2005 to provide high quality mixers which could cater to the growing demand for premium spirits, in particular gin, but also increasingly for vodka, rum and whisky. The Company now sells a range of carbonated mixers to hotels, restaurants, bars and cafes ("On Trade") as well as selected retail outlets ("Off Trade"). Approximately 56 per cent of the Group's sales were derived from outside of the UK in financial year 2016, with key overseas markets in the US and Europe.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 15, 2017 02:00 ET (06:00 GMT)

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