Just the tonic: Gin gives Fever-Tree profits a boost
The UK's taste for premium gin has helped full-year earnings at Fever-Tree soar by 64% to £56.4m - well ahead of analysts' expectations.Fever-Tree's tonic, ginger ale and other mixers were boosted by brisk sales over the Christmas period.Chief executive Tim Warrilow said the company is looking to replicate its gin and tonic mixer success with recent additions to its dark mixer range for drinks such as rum and whisky, as well as low-calorie mixers.
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