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Fever-Tree profits drop 16% amid UK tax dispute and U.S. margin pressure.
Fever-Tree Drinks reported a 16% drop in annual profits to £42.4 million due to a disputed UK packaging tax and margin pressure from its U.S. partnership with Molson Coors.
The company is challenging the UK Environment Agency over the Extended Producer Responsibility levy and expects costs to ease as U.S. production scales up.
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Las ganancias de Fever-Tree caen un 16% en medio de la disputa tributaria del Reino Unido y la presión de los márgenes de EE.UU.