Compelling value | AI appeal
Results from an unusual investing company highlight its compelling value, while elsewhere there was news of an AI development from one of our Stonking Small Caps and another nice contract award for an energy storage company
Fever-Tree reassures Fever-Tree (AIM:FEVR), the supplier of premium carbonated mixers, reassured with its AGM trading statement. Fever-Tree confirmed a good start to the year, trading in-line with the expectations set out in the December 2022 results, which we covered here. In the UK Fever-Tree recorded its highest ever value share in the On-Trade during a first quarter trading period, c.6% higher than their share in Q1 2020. The US has had a strong start to the year in both the On- and Off-Trade, with good value and volume growth across all categories, particularly in flavoured sparkling and club soda. For…