dreamcatcher
- 30 Aug 2012 17:26
dreamcatcher
- 25 Apr 2018 07:16
- 127 of 131
AGM trading update
RNS
RNS Number : 9970L
Nichols PLC
25 April 2018
Date:
Embargoed until 0700 Wednesday 25 April 2018
Contacts:
John Nichols, Non-Executive Chairman
Marnie Millard, Group Chief Executive Officer
Tim Croston, Group Chief Financial Officer
Andrew Milne, Group Commercial Director
Nichols plc
Telephone: 01925 222 222
Website: www.nicholsplc.co.uk
Alex Brennan/ Hattie O'Reilly
Richard Lindley
Hudson Sandler
N+1 Singer (Nominated Adviser)
Telephone: 020 7796 4133
Email: nichols@hudsonsandler.com
Telephone: 0207 496 3000
Website: www.n1singer.com
Nichols plc
("the Group")
AGM trading update
John Nichols, Non-Executive Chairman of Nichols plc, the soft drinks group, will make the following statement at the Group's Annual General Meeting to be held at 11.00 am today:
Current Trading
UK revenue for the first quarter of 2018 is ahead of the prior year both on a reported and like for like* basis, and compares favourably to the total UK soft drinks market growth of 2.6% (Nielsen year to date to 24 March 2018). 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.
Outlook
We maintain our previous guidance for 2018 and currently expect full year earnings to be in line with market expectations.
*Like for like sales excludes the incremental sales from D J Drink Solutions Ltd acquired in June 2017
- ENDS -
dreamcatcher
- 01 May 2018 22:57
- 128 of 131
08:50 01/05/2018
Broker Forecast - Shore Capital issues a broker note on Nichols PLC
Shore Capital today reaffirms its sell investment rating on Nichols PLC (LON:NICL) and raised its price target to 1540p (from 1485p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk
dreamcatcher
- 25 Jun 2018 07:12
- 129 of 131
Notice of Results
RNS
RNS Number : 3125S
Nichols PLC
25 June 2018
Nichols plc
NOTICE OF INTERIM RESULTS & ANALYST PRESENTATION
Nichols plc, the soft drinks group, will be announcing its interim results for the six months ended 30 June 2018 on Thursday 19th July 2018.
dreamcatcher
- 09 Jan 2019 07:05
- 130 of 131
2018 Trading Update
RNS
RNS Number : 5583M
Nichols PLC
09 January 2019
Date:
Embargoed until 0700 Wednesday 9 January 2019
Contacts:
Marnie Millard, Group Chief Executive Officer
Tim Croston, Group Chief Financial Officer
Andrew Milne, Group Commercial Director
Nichols plc
Telephone: 01925 222222
Website:www.nicholsplc.co.uk
Alex Brennan / Hattie O'Reilly
Richard Lindley / Rachel Hayes
Hudson Sandler
N+1 Singer (Nominated Adviser)
Telephone:020 7796 4133
Telephone: 0207 496 3000
Email: nichols@hudsonsandler.com
Website: www.n1singer.com
Nichols plc
2018 Trading Update
Nichols plc ("the Group"), today issues the following trading update for the year ended 31 December 2018.
We are pleased to report that full year Group sales totalled £142.0m, an increase of 6.9% compared to the prior year.
This increase was driven by an excellent performance in our UK business where sales grew by 12.6% to £114.6m.
During the year, we celebrated the Vimto brand's 110th year and we are delighted to report that once again, the brand has significantly outperformed the UK soft drinks category and gained market share. Vimto sales increased by 12.9% during the year compared to the total UK soft drinks market growth of 7.4% (Nielsen MAT year to 1 December 2018).
Elsewhere in the UK, sales in the Out of Home channel increased by 15.1% compared to the prior year. This strong performance was driven by sales of both our dispensed soft drinks and frozen beverage products which reflects the significant investment in this part of our business over recent years.
In the international business, a strong sales performance in Africa during the second half of the year delivered full year growth of 6.5% in this region.
As anticipated in our 2017 Preliminary Results Statement (1 March 2018), sales to the Middle East were down on the prior year, due to the ongoing conflict in Yemen and the timing of shipments to Saudi Arabia. As a result, sales to the Middle East region totalled £9.6m (2017: £13.0m).
The Group's total international sales were £27.4m (2017: £31.0m).
In summary, the Board is very pleased with the 2018 Group sales performance and expects full year profit to be ahead of the prior year and at least in line with current market expectations*.
The Group's Preliminary results will be announced on 27 February 2019.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
* Company compiled market consensus of £31.3m profit before tax.
Notes to Editors:
Nichols plc is an international soft drinks business with sales in over 85 countries, selling products in both the Still and Carbonate categories. The Group is home to the iconic Vimto brand which is popular in the UK and around the world, particularly in the Middle East and Africa. Other brands in its portfolio include Feel Good, Starslush, ICEE, Levi Roots and Sunkist.
dreamcatcher
- 09 Jan 2019 07:10
- 131 of 131
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