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Nichols - Shares back over £10

February 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • NICL
  • Price:
  • 1042p
The shares soared back over £10 after soft drinks maker Nichols put out a strong year-end update in line with expectations. Group sales increased 3.4% (4% like-for-like) to £113.6m in spite of a tough UK soft drinks market, which only grew 0.4% over the 12 months. Aided by an advertising campaign, Vimto sales increased 4.5%.International sales to the Middle East grew an impressive 12.3% or 7.3% on a like-for-like basis.Investec has nudged up 2014 pretax profit forecasts to £25m for eps of 53.5p, rising to 55.5p this year.Nichols has been a great success for TMI with the shares 189% ahead of our original recommendation at 360p in May ‘10. Having previously suggested taking part profits at pric ...

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Nichols - Small upgrade to forecasts (September 2011)
Nichols - Strong rise in Vimto sales should usher in eps upgrades (June 2011)
Nichols - Forecasts nudged higher (May 2011)
Nichols - Yet another profit upgrade (February 2011)
Nichols - Vimto drives forecast busting results (September 2010)
Nichols Plc - Vimto drives strong performance (July 2010)
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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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