Bargain buy? | Good as ever | Axe throwing angst
News covered here includes our assessment of the latest trading update from a modestly valued and cash rich supplier of crockery to the hospitality sector. This elderly business is facing a challenging market but plenty of bad news appears to be factored into the current share price. Elsewhere, is the novelty of axe-throwing themed bars on the wane? Read on here for our thoughts on this and other news.
Fever-tree: marginally ahead Fever-Tree Drinks (AIM:FEVR), the premium mixer specialist appears to be on track, helped by strong growth in the US. For its financial year to the end of December 2025 adjusted revenue and adjusted EBITDA (they are adjusting everything now!) are expected to be marginally ahead of current market expectations, being £372.4m and £44.4m respectively, representing full year growth of 4%. In the US, the transition into Molson Coors' national distribution network is progressing to plan with US revenue up 6%. UK revenue fell 2% after an improvement in the second half and increasing momentum across the Group's…