Nichols (NICL)

Sector:

Beverages

Index:

FTSE AIM 50

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

Nichols records double-digit profit growth on solid UK performance

By Iain Gilbert

Date: Wednesday 27 Feb 2019

LONDON (ShareCast) - (Sharecast News) - Soft drinks maker Nichols turned in double-digit profit growth in 2018, boosted by a solid showing from its fruit-flavoured cordial Vimto.
Pretax profits came to £31.8m, up 11% year-on-year, while revenues grew 7% to £142m.

Nichols saw UK sales increase 13% to £114.6m, driven by the strength of the Vimto brand, now in its 110th year.

International sales declined 12% to £27.4m as sales in the Middle East were down as a result of ongoing conflicts in Yemen and the timing of shipments to Saudi Arabia.

Nichols recorded earnings per share of 69.23p, a 10.1% improvement on the prior year, and declared a full-year dividend of 26.8p per share - up 14.5% year-on-year.

Looking forward, the AIM-listed outfit expects its UK business to extend its strong performance into 2019.

Chairman John Nichols said: "As a result of the group's diversified business model, strong portfolio of brands and successful track record, the board remains confident of delivering continued profitable growth."

As of 1050 GMT, Nichols shares had climbed 4.04% to 1,597p.

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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 1,200.00
52 Week Low 882.00
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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