Nichols (NICL LN, BUY, T/P 2300p) released interim 2017 results broadly in line with both our own and market expectations as group revenue and EPS advanced by 12.4% and 7.4% respectively. Interim dividend is due to increase by 12.2%. Whilst market conditions are envisaged to “remain challenging” the company expects its full year earnings to be in line with expectations.
20 Jul 2017
Strong H1 Performance All Round
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Nichols plc (NICL:LON) | 981 0 0.0% | Mkt Cap: 358.2m
- Published:
20 Jul 2017 -
Author:
Chris Wickham -
Pages:
4
Nichols (NICL LN, BUY, T/P 2300p) released interim 2017 results broadly in line with both our own and market expectations as group revenue and EPS advanced by 12.4% and 7.4% respectively. Interim dividend is due to increase by 12.2%. Whilst market conditions are envisaged to “remain challenging” the company expects its full year earnings to be in line with expectations.