Nichols (NICL LN, BUY, T/P 2300p) is due to release interim 2017 results on 20th July. Yet while too early to benefit from any unusually dry summer weather, which may be in prospect, the results will include the impact of the company’s Middle East performance during Ramadan, which this year ran from 26th May to 24th June. We estimate that around one third of the company’s profits are generated in the Middle East.
12 Jun 2017
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Nichols plc (NICL:LON) | 990 19.8 0.2% | Mkt Cap: 361.5m
- Published:
12 Jun 2017 -
Author:
Chris Wickham -
Pages:
5
Nichols (NICL LN, BUY, T/P 2300p) is due to release interim 2017 results on 20th July. Yet while too early to benefit from any unusually dry summer weather, which may be in prospect, the results will include the impact of the company’s Middle East performance during Ramadan, which this year ran from 26th May to 24th June. We estimate that around one third of the company’s profits are generated in the Middle East.