- Fevertree reported revenue rose 66% to £170.2m for the year ended 31 December amid strong UK performance.

A final dividend of 7.64p per share was recommended to shareholders, bringing total dividend to 10.65p per share, up from 6.25p per share the previous year.

The firm reported gross profit margin fell to 53.5% from 55.2% the previous the year, while adjusted EBITDA rose to £58.7m from £35.8m.

Diluted earnings per share rose to 39.15 pence from 23.70p.

The UK, the group's longest established market, saw revenues jump by 96% following strong growth over the Christmas period.

The USA, the group's second largest single market, reported sales growth of 39% amid strong growth in both on and off trade channels. The firm said it established a North American office and appointed Charles Gibb as North American CEO.

Fevertree reported sales growth of 44% was achieved across Continental Europe in 2017 as its key Western European territories delivered a strong performance.

'Our non-tonic flavours performed strongly, supported by the Moscow Mule becoming a leading mixed drink in Italy and also an emerging trend within Germany where sales of our ginger beer increased by over 100%,' Fevertree said.

Growth of 57% was achieved in the Rest of World region, as key territories Australia and Canada, both of saw continued strong growth in 2017.

The firm said it had an encouraging start to 2018 and remains confident that it is well positioned to deliver further growth across the business.'

Tim Warrillow, Co-founder and CEO of Fever-Tree said: 'It has been a year of significant progress for Fever-Tree. We have continued to see strong growth across all our regions with the UK once again delivering an exceptional performance culminating in Fever-Tree ending the year as the leading mixer brand at UK retail.'

'Whilst this is a notable achievement, there remains a significant opportunity in front of us across all our regions as Fever-Tree continues to drive the evolution of the mixer category.'

At 10:21am: [LON:FEVR] Fevertree Drinks Plc share price was -151.5p at 2540.5p

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