A positive and in line YE trading update from Nichols. It highlights the strategy (reinforced at the recent CMD) to grow the Packaged business and margins is delivering – FY24 PBT +11% and PBT margin +160bps. Performance in FY24 was underpinned by another strong showing from the dominant UK packaged business and good execution of the international growth strategy. The outlook for FY25 and FY26 is to maintain good top-line momentum and drive further margin enhancement. The shares are trading on a ....
