dreamcatcher
- 30 Aug 2012 17:26
dreamcatcher
- 29 Jul 2015 20:06
- 91 of 131
29 Jul Investec 1,500.00 Hold
dreamcatcher
- 21 Aug 2015 15:59
- 92 of 131
six-aim-shares-survive-stockmarket-sell
Nichols (NICL)
1,404p
Like James Halstead, soft drinks manufacturer Nichols (NICL) was previously on the Main Market and it has a long track record. Merseyside-based Nichols supplies Vimto soft drinks, as well as brands such as Sunkist, under licence. The Middle East is an important market and international markets make a similar contribution to revenues as the UK. In recent years, Nichols has managed to grow revenues and profit margins. At the interim stage, revenues were flat at £54.7 million but underlying profit rose from £10 million to £10.9 million.
Sugary drinks have a negative image but Nichols is already selling more reduced sugar drinks and the international nature of the business also helps. In fact, the latest acquisition is the Feel Good brand of juice drinks with no added sugar, which can be marketed in the UK and internationally.
An improvement in pre-tax profit from £25.7 million to £27.9 million is forecast for this year, rising to £30 million next year. The shares are trading on just under 22 times 2015-16 prospective earnings. There has been consistent growth in dividends and they are expected to reach 24.4p a share this year and 26.4p a share in 2015-16. That reflects the track record and the potential value of the brand to an acquirer.
dreamcatcher
- 09 Sep 2015 16:13
- 93 of 131
Nichols PLC (NICL:LSE) set a new 52-week high during today's trading session when it reached 1,485. Over this period, the share price is up 48.87%.
dreamcatcher
- 31 Dec 2015 14:42
- 94 of 131
Trading statement Fri 8 Jan
dreamcatcher
- 08 Jan 2016 14:50
- 95 of 131
Trading Update
RNS
RNS Number : 2157L
Nichols PLC
08 January 2016
Date:
Embargoed until 07.00 Friday 8th January 2016
Contacts:
John Nichols, Non-Executive Chairman
Marnie Millard, Group Chief Executive
Tim Croston, Group Chief Financial Officer
Nichols plc
Telephone: 01925 222222
Website:www.nicholsplc.co.uk
Nick Lyon
Richard Lindley
Hudson Sandler
N+1 Singer (Nominated Adviser)
Telephone:020 7796 4133
Telephone: 0207 496 3000
Email: nichols@hspr.com
Website: www.n1singer.com
Nichols plc
Trading Update
Nichols plc ("the Group"), today issues the following trading update for the year ended 31 December 2015.
Group revenue for the year was £109.3m, which is in line with the prior year and management expectations.
Whilst the UK soft drinks market has remained challenging, the Group has a strong international business where sales grew by 1.5% compared to 2014 and 3.9% on a constant currency basis. Reported export sales in the year totalled £24.4m, an increase of £0.4m. This was despite the difficulties in shipping to Yemen, due to the ongoing conflict in the region.
Total UK sales were £84.9m, a marginal decline of 0.3% compared to 2014 although slightly ahead of the total UK soft drinks market performance which declined by 0.7% (Nielsen year to 5 December 2015). Within the UK, we maintained our value over volume strategy for the Vimto brand, resulting in growth of 4% in the Still category and a 7% decline in the promotionally led Carbonate category.
In summary, Group 2015 sales performance is per our expectations and whilst the UK market remains challenging, our international business has continued to deliver good growth. We expect full year profit and earnings per share to be ahead of the prior year and in line with market expectations.
The Group's Preliminary results will be announced on 2 March 2016.
dreamcatcher
- 11 Jan 2016 18:32
- 96 of 131
Broker Forecast - Investec issues a broker note on Nichols PLC
Investec today reaffirms its hold investment rating on Nichols PLC (LON:NICL) and cut its price target to 1440p (from 1500p). Story provided by StockMarketWire.com
dreamcatcher
- 19 Jan 2016 19:02
- 97 of 131
Broker Forecast - Investec issues a broker note on Nichols PLC
Investec today upgrades its investment rating on Nichols PLC (LON:NICL) to buy (from hold) and left its price target at 1440p. Story provided by StockMarketWire.com
dreamcatcher
- 12 Feb 2016 16:49
- 98 of 131
Nichols schedules prelim results
StockMarketWire.com
Nichols has confirmed that the Company will be announcing its preliminary results, for the year ended 31 December 2015, on Wednesday 2 March 2016.
At 12:59pm: (LON:NICL) Nichols PLC share price was +20.5p at 1244.5p
dreamcatcher
- 26 Feb 2016 16:25
- 99 of 131
Broker Forecast - Berenberg issues a broker note on Nichols PLC
Berenberg today initiates coverage of Nichols PLC (LON:NICL) with a buy investment rating and price target of 1450p. Story provided by StockMarketWire.com
dreamcatcher
- 26 Feb 2016 20:01
- 100 of 131
Market Buzz
Berenberg initiates coverage of mid-cap drinks makers
Fri, 26 February 2015
(ShareCast News) - Berenberg initiated coverage on the four UK mid-cap soft drinks manufacturers, highlighting a preference for Britvic and Nichols.
"We feel this market is often overlooked by investors due to the lack of absolute growth in the end-markets. However, we believe these businesses score well on several elements relative to our broader UK mid-cap coverage."
The bank said they typically generate strong and stable margins driven by operating efficiencies, they can deploy capital on value-accretive M&A, and they have demonstrated a good level of success by UK and international expansion.
It started Britvic and Nichols with a 'buy' rating and 850p and 1,450p price targets, respectively.
The bank said its preference for these two was mainly due to a combination of a propensity for future EPS upgrades and reasonable valuations.
On Britvic, it said EPS momentum was stabilising and there are several areas that could surprise to the upside, such as margin uplift from supply chain investment, Fruit Shoot's move into the $2bn US multipack market, and the International division returning to profitability.
"We believe these upside risks are not reflected in the current 14.3x FY 2016E P/E multiple, which makes the stock the cheapest among soft drinks peers and in the broader consumer sector."
As far as Nichols is concerned, it said recent acquisitions of Feel Good and Noisy Drinks have helped drive strong EPS momentum. In addition, the company generates much higher margins and return on invested capital than most peers.
Berenberg started AG Barr and Fevertree with 'hold' ratings and 550p and 570p targets, respectively.
It said Fevertree was an exciting prospect and demonstrates many of the characteristics it looks for, but growth potential is more than reflected in the valuation.
On AG Barr, it said the group has a number of opportunities but it is too early to be confident of success, so the current valuation is justified.
dreamcatcher
- 02 Mar 2016 15:14
- 101 of 131
dreamcatcher
- 03 Mar 2016 21:38
- 102 of 131
3 Mar Investec 1,440.00 Buy
dreamcatcher
- 27 Apr 2016 18:14
- 103 of 131
Nichols steady
StockMarketWire.com
Nichols Plc said its FY group trading performance is in line with management expectations. It expects to deliver FY earnings in line with market expectations.
"Whilst trading conditions within the UK grocery market remain challenging, our UK revenues are benefiting from the incremental impact of both The Noisy Drinks Company Limited, of which we acquired the remaining equity in January 2016, and the Feel Good brand acquired in July 2015," the company said.
"This year we have launched Vimto Remix which adds new exciting flavours to the Vimto range. As with all of our new product introductions in recent years, Remix is only available in no added sugar options.
"Our focus has also been on preparing for the re-launch of the Feel Good brand, a range of premium adult juice drinks which have no added sugar and contain 100% natural ingredients. The re-launch will be introduced to the trade ahead of the summer trading season."
dreamcatcher
- 15 Jul 2016 16:50
- 104 of 131
Interims Thursday 21 July
dreamcatcher
- 21 Jul 2016 16:58
- 105 of 131
dreamcatcher
- 26 Jul 2016 17:14
- 106 of 131
16:50 26/07/2016
Broker Forecast - Numis issues a broker note on Nichols PLC
Numis today reaffirms its hold investment rating on Nichols PLC (LON:NICL) and raised its price target to 1380p (from 1342p). Story provided by StockMarketWire.com
dreamcatcher
- 27 Oct 2016 20:27
- 107 of 131
On Thursday, Nichols PLC (NICL:LSE) closed at 1,453.00, -2.42% below its 52-week high of 1,489.00, set on Jul 18, 2016.
dreamcatcher
- 24 Nov 2016 12:57
- 108 of 131
Nichols PLC (NICL:LSE) set a new 52-week high during today's trading session when it reached 1,535.00. Over this period, the share price is up 7.34%.
dreamcatcher
- 14 Dec 2016 15:37
- 109 of 131
14 Dec
Whitman Howard
1,760.00
Buy
dreamcatcher
- 16 Dec 2016 15:34
- 110 of 131
Director Deals - Nichols PLC (NICL)
BFN
John Gittins, Non Executive Director, bought 1,280 shares in the company on the 15th December 2016 at a price of 1558.00p. The Director now holds 1,280 shares representing 0.00% of the shares in issue.
Story provided by StockMarketWire.com
Director deals data provided by www.directorsholdings.com