Fevertree Drinks said today it expects to report a surge in revenue for 2018, as warmer-than-usual summer and Christmas demand drove sales of its flavoured tonic water and other mixers.
The company said it expects revenue to have increased by 39% to €236m in the year ended December 31.
Fevertree has rapidly grown over the last few years as sales of high-end gin surged in Britain, while also pushing ahead with its expansion in the US.
More than 66 million bottles of gin were sold in the UK last year, a rise of 41% from a year earlier, according to the latest figures from the Wine and Spirit Trade Association.
Fevertree, named after the colloquial term for the cinchona tree whose bark produces tonic water ingredient quinine, said UK revenue jumped nearly 52% in 2018.
The company also said it expects the outcome for the full year will be comfortably ahead of its expectations.
Shares of the company have jumped more than 15-fold since their debut on London's junior market in November 2014.
