UK: Nichols' four-month sales beat forecast
Nichols sales to the end of April increased by 12.5% on last year
Nichols has said that sales for the first four months of the year came in ahead of its forecast and higher than last year.
The Vimto producer said in a trading update today (4 May) that sales to the end of April increased by 12.5% on last year. Internationally, sales in the firm's Middle East and Africa markets also beat its forecasts.
The soft drinks maker said it is confident of delivering further sales and earnings growth in line with full-year expectations.
"I am pleased to report we have continued to deliver strong growth in the first four months of the year, with group sales ahead of both our internal plans and last year, despite the very strong comparatives in 2010 and the prevailing uncertain economic and consumer backdrop," said Nichols' non-executive chairman, John Nichols.
Nichols will publish its interim results announcement on 4 August.
The group finance director of Nichols has told just-drinks that acquisitions remain on the company's agenda....
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