Ukraine war hitting everything from car tyres to tonic water
Fevertree, the premium tonic and drink mixers producer said it expected core profit of £63m-£66m (€75m-€78m) this year, lower than analysts' consensus of £71.7m.
The negative impact on western companies of Russia’s invasion of Ukraine and the resulting war in the country has continued with businesses as diverse as tonic water maker Fevertree and tyre maker Michelin flagging concerns over rising costs and additional supply chain disruption.
Fevertree said dramatic rises in commodity prices following Russia's invasion had led to uncertainty around costs for the company and would hurt its 2022 profit.




