Fabulous results here
AIM’s premium mixer business brought a wild share price ride to holders on the day of its results, while elsewhere there were fabulous results from one of our Stonking Small Cap opportunities as well as encouraging results from a favourite for IHT planning portfolios. Read on here for this and other news.
Fevertree Drinks: mixed outlook, but… Results from Fevertree Drinks (AIM:FEVR) for its financial year ending to 31 December 2021 were in-line with previous guidance, although there were a couple of surprises to encourage and disappoint in terms of the outlook. The shares had a wild day selling off to begin with only to bounce back in the afternoon. Group revenue for the year rose 23% to £311m, with particularly strong growth in the US (+33%) and European (+35%) markets. This looks pretty good to us in the context of continued widespread On-Trade closures in the first half of 2021 –…