Nichols profits jump as sales fizz
24th Mar 2010 12:35
Nichols, the soft drinks maker behind Vimto, raised a glass to an 'exceptional' year as it posted a sharp rise in revenues and profits in 2009. Pre-tax profits climbed by 22% to £12.2m from £10m the previous year, as turnover jumped by 29% to £72.4m from £56.2m. Nichols said it invested heavily in
Read moreNichols makes Tim Croston new FD
20th Nov 2009 09:42
Drinks group Nichols has named Tim Croston, currently finance and operations boss of the Vimto soft drinks division, as its new finance director. Croston, 46, will start his new role on 1 January, filling the gap left by Taylor Purkis who stepped down as FD at the beginning of September. Brendan H
Read moreProfits fizz at Nichols
5th Aug 2009 08:59
Soft drinks group Nichols anticipates profits for the year will exceed current expectations after a strong first half. The Vimto maker posted a pre-tax profit of £4.3m compared with £3.2m over the same period the previous year as revenues climbed to £37.5m from £29.1m. It lifts the interim dividend
Read moreComment: Core brands keep drinks groups fizzing
20th May 2009 18:10
The exotic array of soft drinks offered to consumers has probably never been wider, but judging by two company updates today, thirsty but cash-strapped drinkers are turning back to the fizzy favourites they know and love. Britvic, which makes Tango and distributes Pepsi and 7UP in the UK, saw pre-t
Read moreStrong Vimto sales boost Nichols
20th May 2009 15:20
Soft drinks group Nichols said trading in the new financial year has started ahead of expectations, helped by strong sales of its core Vimto brand. Sales of the fruity carbonated drink were up by 11.8% in the 12 weeks to 18 April, against a total soft drinks market increase of 0.6%. Nichols intend
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