With the thirst for gin showing no sign of letting up, upmarket tonic and mixers maker Fevertree Drinks said today its 2017 results would beat analysts' expectations.
The company also soothed investor worries about a pick up in competition from bigger rival Schweppes, which has recently increased its presence in premium products.
Fevertree said it had gained "significant market share."
UK gin sales leapt more than 100% in the first half of 2017, helped by demand for premium brands.
Fevertree said it expected its 2017 revenues to rise 66% to around £169m, ahead of analysts' forecasts.
"Reflecting the continued strong performance through to the end of the year, the board expects that the outcome for the full year will be comfortably ahead of market expectations," it said, without saying what those expectations were.
Analysts said the company overtook Schweppes to become the biggest mixer brand by value in the UK retail sector.
A move by Coca-Cola's Schweppes to compete in premium drinks caused some weakness in Fevertree stock late last year.
Fevertree is named after the colloquial term for the cinchona tree, the bark of which produces quinine - a key ingredient in tonic water.
It is one of the largest companies on London's junior AIM market, with a market value of around £2.8 billion.
Its shares were boosted last week by speculation consumer goods giant Unilever might be looking to buy the company.
Fevertree said its UK revenue rose around 96% last year, helped by a particularly strong performance over Christmas, while US revenue was up about 39%.
Over the last year, the company has launched mixers that can be used with dark spirits, helping to protect itself from a possible downturn in the popularity of gin.
