Nichols (NICL)

Sector:

Beverages

Index:

FTSE AIM 50

982.00p
   
  • Change Today:
    -23.00p
  • 52 Week High: 1,200.00p
  • 52 Week Low: 882.00p
  • Currency: UK Pounds
  • Shares Issued: 36.97m
  • Volume: 431
  • Market Cap: £363.03m
  • RiskGrade: 263

Nichols Q1 revenues ahead of last year

By Michele Maatouk

Date: Wednesday 25 Apr 2018

LONDON (ShareCast) - (WebFG News) - AIM-listed soft drinks group Nichols said on Wednesday that revenue in the first quarter of 2018 is ahead of the previous year.
In a very brief statement to be made at the company's annual general meeting, non-executive chairman John Nichols said revenue was ahead on a reported and like-for-like basis and compares favourably to total UK soft drinks market growth of 2.6%. LFL sales exclude the incremental sales from DJ Drink Solutions, which was acquired last June.

"As previously reported and as anticipated, the ongoing conflict in Yemen and the timing of the majority of shipments for Ramadan 2018 falling into Q4 2017 has impacted international sales in Q1 2018," he said.

The group maintained its previous guidance for 2018 and said it expects full-year earnings to be in line with market expectations.

Numis said that with guidance for FY 2018 maintained, it continues to forecast 1.5% adjusted pre-tax profit growth to £31m versus consensus of £31.2m and 3.7% sales growth to £137.7m versus consensus of £135.5m.

"Nichols' shares are down 5% year-to-date and currently trade on 21.3x price-to-earnings and 15.3x EV/EBITDA for CY 2018. We continue to believe that Nichols is a well-run business with a good track record for delivering growth. Growth is expected to be relatively low this year and on current multiples we think the shares are fairly valued."

At 1225 BST, the shares were up 2.9% to 1,510p.

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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 982.00p
Change Today -23.00p
% Change -2.29 %
52 Week High 1,200.00p
52 Week Low 882.00p
Volume 431
Shares Issued 36.97m
Market Cap £363.03m
RiskGrade 263

Nichols Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.37% below the market average92.37% below the market average92.37% below the market average92.37% below the market average92.37% 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
Price Trend
33.1% below the market average33.1% below the market average33.1% below the market average33.1% below the market average33.1% below the market average
Sector averageSector averageSector averageSector averageSector average
Income
15.01% below the market average15.01% below the market average15.01% below the market average15.01% below the market average15.01% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Growth
27.57% above the market average27.57% above the market average27.57% above the market average27.57% above the market average27.57% above the market average
11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average

What The Brokers Say

Strong Buy 0
Buy 3
Neutral 3
Sell 0
Strong Sell 0
Total 6
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Nichols Dividends

  Latest Previous
  Final Interim
Ex-Div 21-Mar-24 03-Aug-23
Paid 02-May-24 08-Sep-23
Amount 15.60p 12.60p

Trades for 17-Jun-2024

Time Volume / Share Price
09:00 22 @ 982.00p
08:12 267 @ 989.88p
08:09 2 @ 989.25p
08:01 103 @ 1,040.00p
08:00 37 @ 982.00p

Nichols Key Personnel

CEO Andrew Milne

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