How did it come to this? Patisserie Valerie left begging for money after ‘crazy’ 48 hours
The management, investors and even short-sellers have all been caught out by the sudden change in the company’s fortunes
Company
Fevertree Drinks
LON:FEVR
Fever-Tree is the world's leading supplier of premium carbonated mixers for alcoholic spirits by retail sales value, with distribution to approximately 50 countries internationally. Based in the UK, the brand was launched in 2005 by Charles Rolls and Tim Warrillow to provide high quality, natural mixers which could accompany the growing demand for premium spirits. The Group now sells a range of 12 differentiated flavours to hotels, restaurants, bars and cafes ("On Trade") as well as supermarkets and off-licenses for retail purchase ("Off Trade"). Approximately 70 per cent. of the Group's sales were derived from outside of the UK in FY13 with the key overseas markets being the US, Spain, and Belgium.
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FTSE 100 closes sharply lower as sterling gains and miners weigh
The UK blue - chip index finished down 99.8 points at 7,318, while FTSE 250 was also lower
Fevertree Drinks shares go flat after company’s co-founders sell off more stock to satisfy institutional demand
After the market close on Monday, the AIM-listed firm said the two founders intended to sell in aggregate approximately 2mln ordinary shares in the company
How Fevertree usurped Britvic and Schweppes to pop to the top of the UK tonic market
Schweppes and Britvic used to dominate the UK tonic water market, but their failure to recognise the shift towards the ‘premiumisation’ of mixers opened the door for Fevertree
Fevertree fizzes to fresh all-time high as it upgrades full-year guidance once again
Fevertree has become well-known for repeatedly increasing its full-year forecasts, although it failed to do so for the first time during May’s end of year trading update
FTSE 100 closes firmly higher with miners taking the top spots
The global financial body added that several countries, including the US and UK, had excessive current account deficits and borrowed too much
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Investors looking for some thirst quenchers from Britvic, Fevertree, and Fuller's
Aside from the soft drinks firms and brewer, the day ahead on Tuesday includes updates from blue-chip real estate firm Hammerson and student acommodation group Unite
Jefferies cites significant US potential as it hikes price target for Fevertree up to £40
Analysts at the US investment bank upped their price target to £40, but if US consumers really take to Fevertree’s drinks, it reckons shares could hit £60
FTSE 100 drops 1.26% as political turmoil in Europe hits
In the current markets, the pound fell 0.49% against the US dollar at 1.1472..
Fevertree fails to upgrade expectations in a trading update for first time since listing
Trading is in-line so far this year, but that’s not good enough when there is so much growth baked into the Fevertree share price
Fevertree Drinks loses fizz as in-line trading news disappoints investors
“The Group's performance in the year to date has been encouraging and at this early stage in the year we are trading in line with market expectations,” said Fevertree Drinks chairman Bill Ronald
Investments and investor services
FTSE 100 clocks off at new closing high
FTSE 100 closed at a new all time high on Thursday, up 0.70% to 7,787
Asos and Fevertree help to push average market cap of AIM companies past £100mln
Notable success stories such as Fevertree, Asos and Boohoo have helped to push the average market cap of AIM-listed companies up to £111mln – a 49% increase compared to four years ago
Fevertree Drinks shares sink as co-founder offloads bigger-than-expected stake
Deputy chairman Charles Rolls offloaded almost double the number of shares he originally intended to sell
FTSE 100 closes down on trade war concerns as market awaits Brexit transition deal approval
Will EU leaders approve the Brexit transition deal reached between Michel Barnier and David Davis?
Fever-Tree's 2017 earnings and sales jump but shares fall flat on profit-taking
Shares fell despite strong full-year results and a positive outlook as investors were expecting more of the tonic water maker
FTSE 100 closes firmly lower as traders get jumpy about US politics
FTSE 100 finished almost 76 points lower at 7,138, while the FTSE 250 lost over 254 points at 19,863.
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Philip Hammond's first-ever UK Spring Statement to show austerity still very much alive
The day ahead includes the first-ever UK Spring Statement from Chancellor Philip Hammond, plus full-year results from Antogasta, Cairn Energy, and Fevertree Drinks
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Chancellor's Spring Statement unlikely to include big spending plans, says think-tank
The week ahead includes the UK's budget statement and earnings from Morrisons, Prudential, Cairn Energy, Cineworld, Savills, Wetherspoons, Balfour Beatty and Fevertree