Telephone: 01925 222222
Website:www.nicholsplc.co.uk
Nick Lyon / Alex Brennan Nick Tulloch
Telephone:020 7796 4133 Telephone: 0131 529 0356
Email: nichols@hspr.comWebsite: www.corporatefinance.brewin.co.uk
John Nichols, Non-Executive Chairman of Nichols plc, the soft drinks group, will make the following statement at the Group's Annual General Meeting to be held later today:
Current Trading
"I am pleased to report that our strong trading momentum has
continued into the first four months to April 2012, with
Group sales showing double digit growth against last year's
very strong comparatives. This has been achieved despite the
wider economic and consumer challenges and an extremely
competitive UK soft drinks market. Boosted by the launch of
our new Weight Watchers range of low calorie soft drinks, our
UK sales growth is ahead of the market and significantly up
on the prior year.
International sales to the Middle East, Africa and our
developing markets also continue to deliver solid growth for
the Group.
At this early stage of the financial year we are very pleased
with the Group's continuing progress and we are confident of
delivering further sales and earnings growth in line with
full year expectations."
Nichols plc has a long standing, successful export business which in recent years has delivered strong growth for the Group. I am delighted to confirm that this has been recognised and we have been awarded a Queen's Award for International Trade. This prestigious award is made annually by H. M. the Queen to businesses achieving substantial overseas growth for a sustained period.
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Notes to Editors:
Nichols plc is a highly focused soft drinks business. Its
brand portfolio includes Vimto, which is sold in over 65
countries and Levi Roots, Weight Watchers, Sunkist & Panda
which are sold in the UK. The Group has a leading market
position in both the "Still" and "Carbonate" drinks
categories and also in the soft drinks on dispense market,
where its brands include Cabana & Ben Shaws.
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