Fever-Tree
Fevertree Drinks plc (known as Fever-Tree) is a British producer of premium drink mixers, founded by Charles Rolls and Tim Warrillow in 2004.
Charles was the gin industry expert and Tim was the advertising industry expert — together they had a shared desire to create the perfect all-natural tonic mixer.
Performance since IPO 🚀
The company IPO’d in 2014 and was on a solid and unstoppable ascent returning a ~25X, until September of 2018. Six years later and it’s down 80%…
Granted, at its peak it was selling for almost £5bln. A very high price for a company generating just a quarter of a billion pounds in revenue! (20X Sales)
Now that it’s cut by 5X — maybe it’s an opportunity, right?
Besides, it pays a steady dividend and it has a very strong brand with growing sales and very limited capex requirements. Exactly what we’re looking for here at the No-End Dividend.