Nichols has reported a good set of interims, successfully managing sector headwinds. This was led by further UK market share gains and significantly, OoH revenue back above pre-covid levels. Timing and shipment challenges hindered International progress but momentum exiting Q2 has been good. The OoH strategic review is progressing well. A keen focus on value over volume and mitigating actions means no change to current year expectations. However, prudence around industry challenges influence us ....
27 Jul 2022
Good H1 progress with industry pressures well navigated
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Good H1 progress with industry pressures well navigated
Nichols plc (NICL:LON) | 990 79.2 0.8% | Mkt Cap: 361.3m
- Published:
27 Jul 2022 -
Author:
Sahill Shan -
Pages:
3
Nichols has reported a good set of interims, successfully managing sector headwinds. This was led by further UK market share gains and significantly, OoH revenue back above pre-covid levels. Timing and shipment challenges hindered International progress but momentum exiting Q2 has been good. The OoH strategic review is progressing well. A keen focus on value over volume and mitigating actions means no change to current year expectations. However, prudence around industry challenges influence us ....