Business
Interim Results
Interim Results.
About this update from Nichols Plc
[{"type":"text","content":"\n \nRNS Number : 7979E Nichols PLC 21 July 2016 \n\n \n\n\n\n\nDate:\n\n\nEmbargoed until 0700 Thursday 21 July 2016 \n \n\n\n\n\nContacts:\n\n\nJohn Nichols, Non-Executive Chairman\n\n\n\n\nMarnie Millard, Group Chief Executive Officer\nTim Croston, Group Chief Finance Officer\nAndrew Milne, Group Commercial Director\n \n\n\n\n\nNichols plc\n\n\n\n\nTelephone: 01925 222222\n\n\n\n\nWebsite: www.nicholsplc.co.uk\n\n\n\n\n \n\n\n \n\n\n\n\nAlex Brennan/ Nick Lyon\n\n\nRichard Lindley\n\n\n\n\nHudson Sandler\n\n\nN+1 Singer (Nominated Adviser)\n\n\n\n\nTelephone: 020 7796 4133\n\n\nTelephone: 0207 496 3000\n\n\n\n\nEmail: [email protected]\n\n\n \n\n\n\n\n \n \nNichols plc\nINTERIM RESULTS\n \nNichols plc ('Nichols' or the 'Group'), the soft drinks Group, announces its Interim results for the period ended 30 June 2016 (the 'period').\n \nNichols is an international soft drinks business with sales in over 70 countries, selling products in both the Still and Carbonate categories. The Group is home to the iconic Vimto brand which is popular in the UK and around the world, particularly in the Middle East and Africa. Other brands in its portfolio include Feel Good, Starslush, Levi Roots and Sunkist. \n \nFinancial Highlights:\n\n\n\n\nAll references below are pre-exceptional items \n\n\nHalf Year ended\n30 June 2016\n\n\nHalf Year ended\n30 June 2015\n\n\n% movement\n\n\n\n\n \n\n\n£m\n\n\n£m\n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nGroup Revenue\n\n\n56.5\n\n\n54.7\n\n\n+3.3%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nOperating Profit \n\n\n11.9\n\n\n10.7\n\n\n+10.8%\n\n\n\n\nOperating Profit margin \n\n\n21%\n\n\n20%\n\n\n \n\n\n\n\nProfit Before Tax \n\n\n11.9\n\n\n10.9\n\n\n+9.2%\n\n\n\n\nPBT margin\n\n\n21%\n\n\n20%\n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nEPS (basic)\n\n\n25.77p\n\n\n23.66p\n\n\n+8.9%\n\n\n\n\nInterim dividend\n\n\n9.0p\n\n\n8.0p\n\n\n+12.5%\n\n\n\n\n \nJohn Nichols, Non-Executive Chairman, said: \n \n\"The Board is pleased with the Group's strong performance in the first half of the year, with UK sales growth continuing to outperform the market. Group revenue increased by 3.3% and Group profit increased by 9%, which reflects the strengths o...