Fevertree increases its 2018 interim dividend by 40%

Fevertree Drinks 2018 interim results

·     Revenue up 45% to £104.2m (H1 2017: £71.9m)

·     Gross margin of 53.2% (H1 2017: 54.5%)

·     Adjusted EBITDA up 35% to £34.0m (H1 2017: £25.2m)

·     Net cash at period end of £56.4m (H1 2017: £40.5m)

·     Diluted EPS up 36% to 22.72 pence (H1 2017: 16.72 pence)

·     Interim dividend up 40% to 4.22 pence per share (H1 2017: 3.01 pence)