Vimto helps profits fizz for Nichols

SOFT drinks group Nichols, the maker of Vimto, has announced a 14.1% rise in profits o £25.6m for 2014.

The Newton-le-Willows, Merseyside-headquartered company’s revenue also rose 3.5%.

Its impressive performance has resulted in a final dividend of 15.3p, making a total dividend for the year 22.4p, an increase of 14.2%.

Non-executive chairman John Nichols said: “2014 was another strong year for us as the group once again outperformed the wider soft drinks market on its way to delivering double digit operating profit growth.

“This strong outcome is again underpinned by the strength and heritage of our core Vimto brand both in the UK and internationally, as well as the diversity of our products and markets.
 
“We remain focused on delivering our growth strategy both in the UK and internationally and we look forward to the year ahead with confidence.”

Vimto is sold more than 65 countries and other Nichols brands sold in the UK include Levi Roots, Sunkist and Panda.

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