Fevertree Drinks (FEVR) Trading Update summary

Trading performance and outlook

• Achieved market share gains and topline growth across all regions year to date.

• Confident in meeting full year expectations, with key summer trading period ahead.

• Planning a range of marketing initiatives and activations for the summer.

Regional highlights

• UK leadership strengthened by portfolio innovation, especially in rum, vodka, and cocktail mixers like Mojito and Margarita.

• US remains the largest growth driver in carbonated mixers at retail, extending top positions in tonic and ginger beer.

• Europe shows strong momentum, with notable growth in Italy, France, and Denmark; Pink Grapefruit and Ginger Beer performing well.

• Rest of World expects strong FY24 growth, supported by a new subsidiary model in Australia.

Brand and market position

• Maintains status as the world's leading supplier of premium carbonated mixers by retail sales value.

• Distributed in over 85 countries, serving both on-trade and off-trade channels.

• Product range continues to expand to meet demand for premium spirits and mixers.