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City snapshot: FeverTree boosted by rise of at home cocktail consumption


By Alec Mattinson2021-05-20T08:02:00+01:00
Top story
Fever-Tree has continued to post “strong” off-trade sales in the early months of 2021 ahead of the re-opening of pubs, bars and restaurants and coronavirus restrictions eases around the world.
Ahead of its AGM this morning, FeverTree said its off-trade performance has remained strong in the first four months of the year and that “it is clear that at-home consumption of long mixed drinks is becoming increasingly established”.
In the UK its off-trade sales in the 13 weeks ending 18 April were up 10.1% year-on-year, despite lapping the effects of stockpiling seen at the beginning of the first lockdown in March 2020. ....

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Airlines, tobacco and telecoms among key sectors in coming week, UK inflation data to provide macro flavour


Airlines, tobacco and telecoms among key sectors in coming week, UK inflation data to provide macro flavour
Companies in the diary for the week include Ryanair and easyJet, as well as Vodafone, Imperial Brands and Royal Mail
The coming week is scheduled to see updates and results from a plethora of blue-chip brands, with Ryanair and easyJet representing the airline sector while tobacco group Imperial Brands, telecoms giant Vodafone and Royal Mail among the notable reporters.
However, other major brands are also in the pipeline including B&Q owner Kingfisher, publisher group Future and utility firm National Gird, while in the macro diary UK inflation data will be the headline news alongside new unemployment figures. ....

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