Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.

Nichols Shares News & Articles

Vimto maker Nichols cancels dividend and withdraws 2020 guidance as pandemic saps profits

Diversified soft drinks group Nichols (NICL:AIM) softened 1.7% to £11.8 on Tuesday following news it now expects to see a ‘significant impact’ on this year’s financial performance due to the coronavirus pandemic. Famed for its iconic Vimto drink, Nichols withdrew guidance for 2020 and cancelled the final dividend in a bid to preserve cash during unprecedented times for the world ...

Vimto maker Nichols plunges as it warns Middle East sugar tax will hit profits

Shares in soft drinks-maker Nichols (NICL) collapsed 13% to a new three-month low of £14.80 after it warned that a new sugar tax in Saudi Arabia and the UAE could dent its full year pre-tax profit for 2020. Tax authorities in both Middle Eastern countries have recently implemented a tax of 50% on retail sales of non-carbonated sweet drinks. In a trading update, Vimto maker Nichols said the ...
Showing 1 to 20 of 36