Fever-Tree say global demand has boosted profits

Fever-Tree has said global demand for its premium mixer drinks has boosted profits in an "exceptional year" for the business.

Pre-tax profits hit £16.8m in the year ending 31 December 2015, up from £2.5m.

Revenue was up 71% to £59.3m, from £34.7m in 2014.

Charles Rolls, the firm's executive deputy chairman, said its success was due to their customers' "desire to drink premium mixers to complement their premium spirits".

Tim Warrillow, chief executive of Fever-Tree, added: "2015 was an exceptional first full year for Fever-Tree as a public company."

Nigerians Coca-Cola Consumption goes high as Sales surge offset Russia woes---

Shares in Coca-Cola HBC AG to surged yesterday ,after the second-largest bottler of Coke products said strong sales in Nigeria, Romania and Ukraine were more than making up for its struggles in Russia, the company’s biggest market reports Bloomberg.

While revenue at the Switzerland-based distributor fell 1 percent in the first half of 2015 because of currency effects, net income increased 31.7 percent to 125 million euros ($139 million), the company said in a statement Thursday. Sales volume rose 3.8 percent.