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Vimto, Feel Good, Starslush, ICEE, Levi Roots and Sunkist soft drinks company Nichols (NICL) has updated including “trading in the first two months of the financial year was in line with management's expectations… given the level of global uncertainty, the board is not currently able to provide financial guidance for the year ended 31 December 2020… The group entered this financial year with a strong balance sheet, with more than £40m of cash and no debt”. The shares are currently more than 4% up on the day, approaching 1250p…
Soft drinks company Nichols (NICL) has updated including it is “pleased with… performance… sales in both the UK and International businesses are ahead of 2018… we currently anticipate full year profit before tax to be in line with market expectations”. The shares have currently responded to around 1500p… more than 12% lower!...
ShareProphets readers already know that they have the chance to buy into Coke’s long-term success through buying shares in Coca-Cola Hellenic (CCH). But there is always the choice to buy into Britain’s own answer to Coke, the humble but long-term success story that is Nichols (NICL).
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