Business
PRELIMINARY RESULTS
PRELIMINARY RESULTS.
About this update from Nichols Plc
[{"type":"text","content":"\n \nRNS Number : 3064G Nichols PLC 01 March 2018 \n\n \n\n\n\n\nDate:\n\n\nEmbargoed until 0700 Thursday 1 March 2018 \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 222 222\n\n\n\n\nWebsite: www.nicholsplc.co.uk\n\n\n\n\n \n\n\n \n\n\n\n\nAlex Brennan/ Hattie O'Reilly \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\nEmail: [email protected]\n\n\nTelephone: 0207 496 3000\nWebsite: www.n1singer.com\n\n\n\n\n \n\n\n \n\n\n\n\n \nNichols plc\nPRELIMINARY RESULTS\n \nNichols plc ('Nichols' or the 'Group'), the soft drinks Group, announces its Preliminary results for the year ended 31 December 2017 (the 'period').\n \nNichols plc is an international soft drinks business with sales in over 85 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, ICEE, Levi Roots and Sunkist. \n \nFinancial Highlights:\n\n\n\n\n*EBITDA is the statutory profit before tax, interest, depreciation and amortisation\n\n\nYear ended\n31 Dec 2017\n\n\nYear ended\n31 Dec 2016\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\n132.8\n\n\n117.3\n\n\n+13.2%\n\n\n\n\nOperating Profit\n\n\n28.7\n\n\n30.3\n\n\n-5.3%\n\n\n\n\nOperating Profit margin\n\n\n22%\n\n\n26%\n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nOperating Profit pre-exceptional items\n\n\n30.5\n\n\n30.3\n\n\n+0.7%\n\n\n\n\nOperating Profit margin pre-exceptional items\n\n\n23%\n\n\n26%\n\n\n \n\n\n\n\nEBITDA*\n\n\n31.7\n\n\n31.4\n\n\n+0.9%\n\n\n\n\nProfit Before Tax pre-exceptional items\n\n\n30.5\n\n\n30.4\n\n\n+0.4%\n\n\n\n\nPBT margin pre-exceptional items\n\n\n23%\n\n\n26%\n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nEPS (basic) pre-exceptional items\n\n\n67.76p\n\n\n66.18p\n\n\n+2.4%\n\n\n\n\...