Nichols plc announced UK revenue for the first quarter of 2018. UK revenue for the first quarter of 2018 is ahead of the prior year both on a reported and like for like basis, and compares favourably to the total UK soft drinks market growth of 2.6% (Nielsen year to date to 24 March 2018). As previously reported and as anticipated, the ongoing conflict in Yemen and the timing of the majority of shipments for Ramadan 2018 falling into fourth quarter of 2017 has impacted international sales in first quarter of 2018.

The company maintains previous guidance for 2018 and currently expect full year earnings to be in line with market expectations.