Fever-Tree, the premium tonic producer, has reported adjusted EBITDA up 35% to £34m for the half year 2018.

Revenue is up 45% to £104.2m compared to H1 2017.

During the period Fever-Tree rolled out a low-calorie range in the UK and secured a new distribution agreement with Grupo Damm for the Spanish market.

The group launched a wholly owned US operation, with an exclusive distribution agreement with SGWS.

Tim Warrillow, chief executive of Fever-Tree said: “The Group delivered a strong performance, most notably in the UK, as we continue to drive and lead the evolution of the wider mixer category. Furthermore, our relationships with key customers and spirits partners mean we are increasingly well positioned as the growing move to premiumisation and long mixed drinks continues to develop across the globe.

“Given the strong performance in the first half of the year, the Board anticipates that the outcome for the full year will be comfortably ahead of its expectations.”

 

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