Nichols expects annual profit in line with market view

Vimto maker Nichols PLC on Wednesday said it expects to report annual earnings in line with market expectations.

For 2025, soft drinks firm Nichols expects to report revenue growth of 1.3% to £175.0 million from £172.8 million. It puts adjusted pretax profit consensus at £33.1 million, which would represent a rise from £31.4 million in 2024.

‘Aligned to our strategy, out of home revenue was consistent year-on-year, following the exit of the low margin Starslush business and the focus on driving profitability to contribute to group bottom-line performance,’ Merseyside-based Nichols said.

‘Gross margins remained strong, in line with last year, with inflationary pressures offset by a disciplined and robust focus on cost management enhanced by the implementation of the new enterprise resource planning system.’

Nichols shares were down 3.6% to 974.10 pence each in London on Wednesday morning.

‘Given the strength of its financial position and clear growth opportunities in the UK and internationally, the group is confident in the outlook for 2026 and remains well placed to deliver its stated medium-term strategic plans and financial ambitions, driving value for shareholders,’ it said.

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