• Half-year net profits leap by 83% to GBP9.4m (US$12.3m)
  • Sales in six months to end of June climb by 67% to GBP40.6m
  • Operating profits up by 75% to GBP11.9m
  • Outlook "remains positive" for full-year
Fever-Tree issued its interim results announcement today

Fever-Tree issued its interim results announcement today

Fever-Tree has continued its impressive growth in the first half of 2016, with sales and profits both jumping in the period.

An 83% climb in net profits in the six months to the end of June came on the back of a 67% top-line increase. The UK-based mixers producer highlighted a "notable performance" in the UK off-premise, as well as the appointment of new importers in Spain and the Netherlands in the period.

Sales in the UK doubled to GBP15.8m (US$20.8m), with the US up by 59% to GBP9.2m. The UK accounted for 39% of Fever-Tree's sales.

Today's interim results come four months after Fever-Tree posted a healthy set of numbers for 2015.

"The group's strong performance throughout 2015 has continued into the first half of 2016," said CEO Tim Warrillow. "Growth has continued to come from all of our regions.

"We have made excellent progress in developing the optimum infrastructure, relationships and team to capitalise on the strength of our brand and market leading position as the trend for premium spirits continues to gather momentum across all our key geographies."

Looking forward, the company said it "remains positive" about its full-year outlook.

To read Fever-Tree's interim statement, click here.