Interims highlight a resilient top-line performance and further good news on Vimto market outperformance. Investors should also welcome the reinstating of the dividend and a pleasing Middle East update. The other main news is the planned departure of CEO, Marnie Millard, with Andrew Milne the COO stepping up to fill the role. Marnie leaves Nichols in a strong shape and a smooth handover is anticipated. Ongoing OoH, consumer and Africa CV19 uncertainties mean forecast guidance remains withdraw
22 Jul 2020
Interims reinforce strength of Vimto brand & dividend is reinstated
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Interims reinforce strength of Vimto brand & dividend is reinstated
Nichols plc (NICL:LON) | 989 257.1 2.7% | Mkt Cap: 365.6m
- Published:
22 Jul 2020 -
Author:
Sahill Shan -
Pages:
3
Interims highlight a resilient top-line performance and further good news on Vimto market outperformance. Investors should also welcome the reinstating of the dividend and a pleasing Middle East update. The other main news is the planned departure of CEO, Marnie Millard, with Andrew Milne the COO stepping up to fill the role. Marnie leaves Nichols in a strong shape and a smooth handover is anticipated. Ongoing OoH, consumer and Africa CV19 uncertainties mean forecast guidance remains withdraw