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Highlights

  • FY revenue expected to see low single-digit growth, with adjusted EBITDA margin forecast around 12%.

  • US market outperformance continues, bolstered by strategic collaboration with Molson Coors.

  • £42.5 million returned to shareholders under the £100 million buyback program announced earlier this year.

Fevertree Drinks Plc (LSE:FEVR) has reaffirmed that it is trading in line with expectations, ahead of its Annual General Meeting, offering a steady outlook for the year and highlighting regional momentum and shareholder-focused capital deployment.

The premium mixer brand anticipates low single-digit revenue growth for the current financial year, maintaining a forecast for an adjusted EBITDA margin of approximately 12%, in line with previous guidance.

Regional Performance Overview

In the United States, Fevertree described its brand performance as being "well ahead of the competition." The company noted early progress in its transition-focused partnership with Molson Coors.

Back in the UK, the company remains firmly entrenched as the market leader, maintaining its number one position across both alcoholic and non-alcoholic mixer categories. Consumer demand and brand loyalty supports the firm’s core position in its home market.

In Australia, Fevertree announced that in-country production has officially commenced, marking a key operational milestone aimed at improving supply chain efficiency and enhancing margin potential. The brand also flagged positive performances in France and the Netherlands, although conditions in Germany remain challenging.

Shareholder Returns and Capital Allocation

Fevertree is making solid headway in its £100 million share buyback program, having already returned approximately £42.5 million to shareholders. 

Despite the buybacks, the group reiterated that its capital allocation framework remains unchanged.