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Fevertree Blames Train Strikes for Weak Sales

  • Company said strikes meant people socialised less at Christmas
  • Costs of making glass bottles still weighing on the business
Fevertree stock fell as much as 15% in early trading.

Fevertree stock fell as much as 15% in early trading.

Photographer: Jason Alden/Bloomberg
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Fevertree Drinks Plc said train strikes in the lead-up to Christmas hurt sales and forecast that profit could decline in the current fiscal year as the cost of glass hit the maker of spirit mixers. 

Sales in the UK fell 2% last year because of widespread rail disruption during the festive period when usually many consumers would be drinking during celebrations at pubs and restaurants, Fevertree said Thursday.