A very pleasing AGM update from Nichols this morning. By all accounts it’s had a strong start to FY17, with UK metrics in Q1 illustrating further outperformance vs the soft-drinks sector and international showing strong trading momentum. Admittedly, Q1 is the quietest quarter but it’s reassuring to see the company get off to a good start. The update flags various headwinds in 2017, but these have been well trailed and if anything recent sterling strength is a positive from an input cost perspect ....
