(Sharecast News) - Drinks maker Fevertree said on Thursday that it had delivered "excellent strategic progress in 2025", with its full-year financial performance now expected to be "marginally ahead" of market expectations.
Fevertree said FY total adjusted revenue and underlying earnings were set to come in slightly ahead of market expectations, with the former pegged to be £372.7m, helped by stronger second‑half trading that lifted brand revenue by 5% and delivered 4% growth for the year at constant currency.
The AIM-listed group said its performance reflected steady progress against its strategic priorities and continued gains in market share. It also highlighted that its transition into Molson Coors' US distribution network was on track, supported by increased marketing investment ahead of 2026.
In the US, revenue rose 6% as the Molson Coors integration continued to build momentum, while UK revenue slipped 2%, though trading improved markedly in the second half, driven by a solid off‑trade showing and growing demand across its premium soft‑drink range. European revenue grew 2%, led by strong performances in France and the Benelux region, while the rest of the world delivered a 22% increase, helped by robust growth in Australia, New Zealand and Canada and some favourable order phasing.
Chief executive Tim Warrillow said: "We made excellent progress in 2025. Our partnership with Molson Coors in the US is progressing well, and the momentum behind the brand is especially encouraging, giving us confidence in the growing opportunity in our largest market as execution moves beyond the transition phase.
"Across all our markets, we are continuing to build momentum as we broaden Fever-Tree beyond tonic, positioning the brand as not only the premium mixer but also premium soft drink of choice. We are uniquely positioned to unlock the growth opportunities afforded by the consumer trends towards moderation, premiumisation and longer, lighter serves. With exciting marketing campaigns and a strong innovation pipeline, delivered by our passionate team, I am confident we will drive strong growth in 2026 and beyond."
As of 1030 GMT, Fevertree shares were up 5.31% at 941.50p.
Reporting by Iain Gilbert at Sharecast.com