January 20, 2020 / 7:16 AM / a month ago

Fevertree Drinks warns on revenue as UK Christmas trading disappoints

Jan 20 (Reuters) - Premium tonic water maker Fevertree Drinks Plc said on Monday that annual revenue growth of 10% would be below its expectations, hurt by subdued Christmas trading in Britain.

“The wider retail environment in the UK experienced a challenging Christmas with the mixer category not immune from the weak consumer confidence and corresponding slowdown in spending,” the company said in a statement. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Shailesh Kuber)

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