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Nichols first-quarter revenue falls 5.9% | 28 April 2021

28 April 2021 | 09:38am
StockMarketWire.com - Soft drinks group Nichols said its first-quarter revenue had fallen, owing to weakness in the UK out-of-home route to market, but guides for profit in line with market expectations.
Revenue for the three months through March had fallen 5.9% year-on-year to £30.7 million, Nichols said in an update for its annual general meeting.
Strong growth had been achieved by the Vimto brand in the UK, while the group s international business had made a solid start to the year, it added.
Cash equivalents at the end of the period remained strong at £43.1 million, down from £47.3 million at the end of December. ....

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Outraged Scots vegan demands Vimto remove animal product vitamin D

Outraged Scots vegan demands Vimto remove animal product vitamin D after recipe change
Mental health nurse Ian Anderson, from Argyll and Bute, has launched a petition calling on Nichols plc - who make the juice - to revert back to their vegan-friendly recipe.
Ian Anderson has called on the makers of Vimto to use vegan-friendly Vitamin D instead (Image: Kennedy News and Media)
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Investegate |Nichols PLC Announcements | Nichols PLC: Director/PDMR Shareholding

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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
1. Obtains access to the information in a personal capacity;
2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; ....

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Nichols profit slumps 80% as sales sink | 3 March 2021

Nichols profit slumps 80% as sales sink ....

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Bearish sentiment strengthened as NSE capitalisation dips N75b

Nigerian Stock Exchange
The Nigerian Stock Exchange (NSE) commenced trading for the week on a downward note, following losses recorded by bellwethers, causing market capitalisation dipped further by N75 billion.
At the close of trading yesterday, the All-Share Index (ASI) decreased by 144.78 absolute points or 0.35 per cent to close at 41,564.31 points. Similarly, the overall market capitalisation shed N75 billion to
close at N21.744 trillion. The downturn was impacted by losses recorded in large and medium value stocks, including Guaranty Trust Bank, PZ Cussons Nigeria, Flour Mills of Nigeria, Unilever Nigeria, and Champion Breweries.
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Analysts at United Capital Plc said the direction of corporate releases would drive the performance of the equity market this week. “The recent hike in rates in the NTB and OMO posed ....

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