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AIM’s steadiest company comes out with a pre-Christmas warning

23/12/2019 · Nichols (NICL) 

AIM AIM Inheritance Tax potential UK

AIM’s steadiest company comes out with a pre-Christmas warning

The share price sell-off looks unduly harsh for a business which rarely disappoints and has a history of significant double-digit dividend growth.

A year end trading update from soft drinks group Nichols (LON:NICL) was somewhat mixed.

The good news is that sales in 2019 are expected to be 4% ahead of the prior year. In the UK, the Vimto brand continues to perform well and in international markets Ramadan 2019 proved to be one of the brand's most successful campaigns across the Middle East region. Vimto has grown a considerable market share in the Middle East, Far East…

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