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Nichols: Costs eat into the Vimto maker's margins

International revenue growth impressed but the domestic performance was less thrilling
March 6, 2024
  • Out-of-home operating profit surge
  • Net cash up by 19 per cent

Nichols (NICL) shares were marked up by 7 per cent after its adjusted pre-tax profit of £27.2mn came in ahead of the company-compiled market consensus, as the soft drinks maker raised its dividend on the back of strong cash generation. 

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