(Reuters) – Tonic maker Fevertree lowered its annual profit forecast on Friday, signalling a hit from cost pressures and logistical issues.
The company now expects full-year operating profit to be in the range of 37.5 million pounds to 45 million pounds ($44.33 million – $53.19 million), down from its earlier forecast of between 63 million pounds and 66 million pounds.
($1 = 0.8460 pounds)
(Reporting by Sinchita Mitra in Bengaluru; Editing by Amy Caren Daniel)
