- A recovering ‘out-of-home’ market
- One-off supply chain charges
Shareholders in Nichols (NICL) were the beneficiaries of a 27 per cent hike in the half-year dividend, mirroring revenue growth in its UK domestic market. You could say it’s a recovery play, at least judging by comments from eponymous non-executive chairman John Nichols: "In the UK, the Vimto brand continues to outperform the broader squash market, and the group's out-of-home route to market experienced good growth as the wider leisure sector continues to recover from the impact of the pandemic”.