Fevertree Drinks - fabulous business but more than fully valued…or plenty more to go for?
Since arriving on AIM in 2014 Fevertree Drinks, the supplier of premium carbonated mixers, has wowed investors with an incredible performance. Despite the current super-rich valuation is it still a buying opportunity? Our latest Free Blog offers a few thoughts.
- The story so far Fever-Tree (the brand has a hyphen) claims to be the world’s leading supplier of premium carbonated mixers for alcoholic spirits by retail sales value and it has certainly been living up to its premium billing. On joining AIM in 2014 the Group raised £93.3m at 134p but there was only £3m of new money for the company as selling shareholders pocketed the lion’s share – with the share price currently at 1303p the sellers will probably be wishing they had kept a few more shares! The market capitalisation on admission was £154m which has since…