Good full year results, as previously flagged, with PBT at the top-end of guidance and another year of strong execution. UK Packaged sales advanced by 8.5% and International growth was a stellar 21% - blended a strong 11% LFL. As flagged back in January, OoH goodwill has been impaired - the full £36.2m on the BS. Ultimately, post a strategic review we expect a leaner and fit-for-purpose OoH business to emerge. Investors should welcome no change to FY22 expectations and high single-digit PBT grow ....
02 Mar 2022
Strong execution in FY21; 10% 3yr PBT CAGR forecast
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Strong execution in FY21; 10% 3yr PBT CAGR forecast
Nichols plc (NICL:LON) | 982 0 0.0% | Mkt Cap: 363.0m
- Published:
02 Mar 2022 -
Author:
Sahill Shan -
Pages:
3
Good full year results, as previously flagged, with PBT at the top-end of guidance and another year of strong execution. UK Packaged sales advanced by 8.5% and International growth was a stellar 21% - blended a strong 11% LFL. As flagged back in January, OoH goodwill has been impaired - the full £36.2m on the BS. Ultimately, post a strategic review we expect a leaner and fit-for-purpose OoH business to emerge. Investors should welcome no change to FY22 expectations and high single-digit PBT grow ....