Fevertree: £1m pay day for top boss after Molson Coors tie-up Retail The chief executive and co-founder of Fevertree has been rewarded with a pay packet of more than £1m after agreeing a “transformational” tie-up with Carling owner Molson Coors. Tim Warrillow, who set up the AIM-listed business with Charles Rolls more than 20 years ago, has taken home almost £1.1m for the company’s latest financial year. The [...]
Soft drinks sales pop at Irn-bru maker AG Barr and Fevertree Retail AG Barr and Fevertree have both reported a sales boost despite increased competition in the soft drinks market. AG Barr’s share price ticked up a marginal 0.1 per cent in early trades, while Fevertree’s share price rose more than six per cent. AG Barr, which owns brands Irn-bru, Rubicon, Boost and Funkin, told markets this [...]
Fevertree shares spike on ‘transformational’ deal with Molson Coors Retail Fevertree shares have soared more than 20 per cent after the drinks company announced a tie-up with Coors and Carling owner Molson Coors. The agreement will see Molson Coors handle the exclusive sales, distribution and production of the Fevertree brand in the US. Analysts were uniformly positive about the deal, and expected both businesses to [...]
Fevertree: US growth makes up for ‘unseasonable’ weather hitting UK sales September 12, 2024 Premium drink mixer brand Fevertree has reported a modest rate of growth despite a weak consumer backdrop after being boosted by sales in the US. The company told the London Stock Exchange this morning that revenue grew by two per cent year on year at constant currency rates in the six months to 30 June. [...]
Fever-Tree: Mojitos and Margaritas boost growth before key summer period June 6, 2024 Premium drink mixer brand Fever-Tree has reported growth across its markets in 2024 as it looks to pounce on the key summer selling season.
Fever-Tree Drinks reports modest growth as US expansion offsets UK stagnation March 26, 2024 Following last year's growth, the US market overtook the UK as the company's largest single market with sales of £117m compared to £114.8m in the UK.