Nichols (NICL)

Sector:

Beverages

Index:

FTSE AIM 50

1,400.00p
   
  • Change Today:
      60.00p
  • 52 Week High: 1,640.00
  • 52 Week Low: 1,080.00
  • Currency: UK Pounds
  • Shares Issued: 36.92m
  • Volume: 17,740
  • Market Cap: £516.94m
  • RiskGrade: 263
  • Beta: 0.56

Nichols makes 'solid start' to the year

By Iain Gilbert

Date: Wednesday 28 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Soft drinks group Nichols said on Wednesday that "strong growth" achieved by the Vimto brand in the UK and a "solid start to the year" for its international business had largely offset "significant declines" in the UK out-of-home route to market.
As a result, Nichols said total revenue in the period decreased by 5.9% year-on-year to £30.7m, despite the marked impact of UK-wide lockdowns aimed at curbing the spread of Covid-19

Nichols stated the Vimto brand had continued to outperform the wider UK soft drinks market, achieving growth of 4.9% in value terms in the year-to-date, versus 3.2% value growth across the wider UK soft drinks market.

However, the AIM-listed firm added that trading since the year-end had remained "very challenging" in its out-of-home segment, with revenues 91.9% lower in the period than those seen in the same period twelve months earlier, with most of the group's customers' outlets remaining closed.

Looking forward, Nichols said it remained "well placed" to deliver its long-term strategic ambitions. "confident" that, underpinned by the strength of the Vimto brand and its diversified business model.

"Should the UK government's planned roadmap out of lockdown continue, and assuming the absence of further lockdowns later in the year, the board expects full-year adjusted profit before tax to be broadly in line with current market expectations," said Nichols.

As of 1045 BST, Nichols shares were up 1.33% at 1,428.75p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Nichols Market Data

Currency UK Pounds
Share Price 1,400.00p
Change Today 60.00p
% Change 4.48 %
52 Week High 1,640.00
52 Week Low 1,080.00
Volume 17,740
Shares Issued 36.92m
Market Cap £516.94m
Beta 0.56
RiskGrade 263

Nichols Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
55.23% below the market average55.23% below the market average55.23% below the market average55.23% below the market average55.23% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Price Trend
28.1% below the market average28.1% below the market average28.1% below the market average28.1% below the market average28.1% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average
Income
85.65% below the market average85.65% below the market average85.65% below the market average85.65% below the market average85.65% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Growth
94.51% below the market average94.51% below the market average94.51% below the market average94.51% below the market average94.51% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 3
Sell 0
Strong Sell 0
Total 3
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Nichols Dividends

  Latest Previous
  Interim Final
Ex-Div 29-Jul-21 25-Mar-21
Paid 10-Sep-21 06-May-21
Amount 9.80p 8.80p

Trades for 03-Dec-2021

Time Volume / Share Price
16:35 510 @ 1,400.00p
16:29 2 @ 1,350.00p
16:29 17 @ 1,355.00p
16:29 11 @ 1,355.00p
16:05 76 @ 1,450.00p

Nichols Key Personnel

CEO Andrew Milne
CFO David Rattigan

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