An in line AGM trading update from Nichols this morning which is good news. We should, however, stress that this covers the quietest quarter of the year with all the anticipated growth for FY16 dependent on good momentum coming from last years bolt-on deals, a reasonable summer and further international progress. Owing to the diversified nature of the portfolio and a significant international business, the risk around the proposed UK sugar levy is expected to be minimal we feel. To this end, we ....
27 Apr 2016
Reassuring AGM update with trading cited as in line
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Reassuring AGM update with trading cited as in line
Nichols plc (NICL:LON) | 990 0 0.0% | Mkt Cap: 361.3m
- Published:
27 Apr 2016 -
Author:
Sahill Shan -
Pages:
4
An in line AGM trading update from Nichols this morning which is good news. We should, however, stress that this covers the quietest quarter of the year with all the anticipated growth for FY16 dependent on good momentum coming from last years bolt-on deals, a reasonable summer and further international progress. Owing to the diversified nature of the portfolio and a significant international business, the risk around the proposed UK sugar levy is expected to be minimal we feel. To this end, we ....