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Fevertree Drinks Plc (FQVTF)
Other OTC - Other OTC Delayed price. Currency in USD
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- Simply Wall St.
With 74% ownership, Fevertree Drinks PLC (LON:FEVR) boasts of strong institutional backing
Key Insights Institutions' substantial holdings in Fevertree Drinks implies that they have significant influence over...
- PA Media: Money
Soft drinks firms AG Barr and Fever-Tree see shares fizz as sales improve
The companies both saw shares move higher after robust performances over the past year.
- Reuters
Fevertree's annual profit meets estimates on strong US performance
The company, which was founded in 2003, had struggled with rising glass costs in Britain due to energy price hikes following the Russia-Ukraine conflict. This led to Fevertree Drinks raising its prices and boost U.S. glass production, helping it overcome the cost pressures. Its new glass contracts and lower Trans-Atlantic freight rates are expected to help profit growth in 2024.
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