Professional
Added to YB: 2025-01-23
Pitch date: 2025-01-15
FEVR.L [bullish]
Fevertree Drinks PLC
-1.28%
current return
Author Info
No bio for this author
Company Info
Fevertree Drinks PLC, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally.
Market Cap
GBP 769.9M
Pitch Price
GBP 6.66
Price Target
20.00 (+204%)
Dividend
2.52%
Sector
Beverages
Category
turnaround
Highwood Value Partners Portfolio Holding: Fevertree Drinks PLC
FEVR.L: Premium mixer co, 50% rev growth pre-pandemic. Margins hit by logistics/costs, down to 5% from 28%. Still gaining market share, debt-free. US production shift, normalizing costs to boost margins. At 7-8x earnings post-recovery. Potential M&A target at 6x rev ($20/sh). Strong mgmt alignment.
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