BROWSE

Fever-Tree sales fizz up as at-home drinking grows | Reuters

Drinks maker Fever-Tree on Thursday forecast better 2021 revenues with at-home drinking catching on and sales at lockdown-hit bars and restaurants expected to gradually gain momentum.

The maker of drink mixers confirmed preliminary 2020 numbers that showed a 3% drop in revenues and said it expected the group to deliver revenue growth of between 12% to 16% this year. (Reporting by Vishwadha Chander and Pushkala Aripaka in Bengaluru Editing by Tomasz Janowski)

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