• Full-year net profits total GBP1.3m (US$1.9m) after losses of GBP2.1m in year prior

  • Sales in 12 months of 2014 leap by 49% to GBP34.7m

  • Operating profits jump by 170% to GBP8.1m

  • 68% of sales from exports, 32% from UK

UK-based Fever-Tree has released its first set of results since it went public

UK-based Fever-Tree has released its first set of results since it went public

Fever Tree has posted a healthy set of numbers for 2014, with losses in 2013 turning into profits last year on a strong leap in sales.

The soft drink mixer company , which launched its IPO late last year, saw profits in the 12 months of 2014 hit GBP1.3m, as sales jumped by 49%. The UK, Fever-Tree's home market, delivered a rise in sales of 60%, while sales in the US were up by 59%.

European sales increased by 35%.

“Fever-Tree’s organic growth continues to be driven by consumers’ desire to drink premium mixers that match the quality of their favourite premium spirits,” said executive deputy chairman Charles Rolls. “We are confident that we will continue to be able to grow and lead in this premium segment, which we believe will outperform other drinks categories for some time to come as the natural ratio between premium spirits and premium mixers equilibrates.”

Fever-Tree forecast a "positive" outlook for this year and is targeting "continued implementation" of its strategy. As well as looking to strengthen its distribution in existing markets, the company will look to increase its geographical footprint from its presence today in 50 countries.

A dividend of GBP0.30 per share has been proposed, with approval expected at the company's AGM in May.

For the company's official presentation of the results, click here.

An exclusive commentary on Fever-Tree can be found here.