By Andy Young

Strong global demand and a "desire for premium mixers" has helped Fever-Tree to deliver impressive results for the year ending 31 December 2015.

The company has seen its revenue increase by 71 per cent to £59.3m, while its pre-tax profits for the period were £16.8m, up from £2.5m in 2014.

Charles Rolls, executive deputy chairman of Fever-Tree said: “Fever-Tree’s on-going success is driven by a global consumer desire and demand to drink premium mixers to complement their premium spirits, and our strong first mover advantage. 

"We are increasingly well positioned to take advantage of the growth in both the On and Off-Trade in all geographies with the brand’s growing international reputation. We maintain that the premium segment is still in its infancy and will continue to outperform the other drinks categories as global cross-category premiumisation continues to gain prominence.”

The company’s performance in Australia was also impressive with sales growth achieved across all states and through each of the flavours on offer. Some of its big movers include Indian Tonic, which was up by 58 per cent in Australia, Soda up by 59 per cent and Mediterranean Tonic, which saw growth of 151 per cent in 2015 versus 2014.

Overall in Australia, Fever-Tree was up by 63 per cent in 2015 versus 2014 and already the brand is improving on that this year. So far in 2016, the brand is 76 per cent ahead of where it was at the same time last year and Fever-Tree is targeting growth of over 220 per cent for 2016 against the impressive performance in 2015.

Speaking about the global result, Tim Warrillow, CEO of Fever-Tree said: “2015 was an exceptional first full year for Fever-Tree as a public company in which we continued to strengthen our reputation as the leading international premium mixer brand. 

“In our tenth year of trading we achieved a 71 per cent increase in revenue and 82 per cent increase in adjusted EBITDA, underpinned by strong, improving margins. Growth was strong across all of our four main geographical regions illustrating the global appeal of the brand. We have had an encouraging start to 2016 and look forward to the future with confidence.”

The Shout Team

The leading online news service for Australia's beer, wine, spirits and hospitality industries.

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