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Vimto-maker Nichols keeps ‘head above water’ in struggling market
date:Aug 10, 2012
In the first six months of the year, all manufactures in the category battled reduced consumer spending, inflation in selling prices, downtrading and the effects of unseasonably wet weather.

Nicola Mallard, Investec analyst, said:It has not been the kindest of climates for soft drink operators. But Nichols continued to deliver good growth, reporting a 15% uplift in interim PBT[profit before tax]to 8.3M.

The growth was delivered by both the UK business (although the group admitted this was prov

12/21 16:41