UK's Fevertree prelim FY25 EBITDA and EPS miss estimates

Fevertree Drinks

24/03/2026 07:12

Overview

UK premium mixer maker's preliminary FY25 revenue grew 3% yr/yr

Adjusted EBITDA and EPS for FY25 missed analyst expectations

Company completed £100 mln share buyback, with additional £30 mln buyback underway

Outlook

Fevertree says FY26 expectations remain unchanged and are in line with market expectations

Company plans increased marketing investment in US to drive growth in 2026

Fevertree extends share buyback programme by £30 mln in 2026

Result Drivers

US TRANSITION IMPACT - Adjusted EBITDA fell due to transition-related cost inefficiencies and profit sharing under the new Molson Coors partnership, despite strong US brand momentum

PORTFOLIO DIVERSIFICATION - Products beyond tonic contributed 45% of group revenue, with Ginger Beer delivering double-digit growth and strengthening category leadership

UK ON-TRADE PRESSURE - UK On-Trade revenue declined 9% as higher labour costs, duty increases and consumer caution weighed on spirits and mixer demand

Company press release: ID:nRSX7875Xa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
GBP 375.30 mln
FY EPS
Miss
GBP 0.19
GBP 0.23 (16 Analysts)
FY Adjusted EBITDA
Miss
GBP 42.40 mln
GBP 43.97 mln (16 Analysts)
FY Adjusted EBITDA Margin
11.30%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 9 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the distillers & wineries peer group is "buy."

Wall Street's median 12-month price target for Fevertree Drinks PLC is GBp907.50, about 20.4% above its March 23 closing price of GBp754.00

The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 30 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)