AGM 거래 업데이트
샤를마뉴 캐피탈
13.75p
14:09 14/12/16
24 4월 2024
니콜스 PLC
("회사" 또는 "그룹")
AGM 거래 업데이트
트레이딩 in line with expectations; FY24 adjusted PBT expectations remain unchanged
Nichols plc, the diversified soft drinks Group, provides the following trading update for the three months to 31 March 2024 ("the Period"), to coincide with the Company's Annual General Meeting ("AGM") taking place later today.
Trading in 2024 has started in line with management expectations reflecting the Group's continued strategic progress. Strong growth in the UK Packaged business was offset by an anticipated decline in International revenue due to the phasing of shipments and strong prior year comparatives as well as the continued successful rationalisation and focus on profitability in the Out of Home (OoH) business. As a result, Group revenue decreased 5.9% year-on-year to £38.8m.
UK Packaged revenues increased by 6.8% to £20.4m, driven by an underlying volume increase of 4.4% over the Period. The Vimto brand continued to grow in value largely reflecting new product innovation and increased distribution.
International Packaged revenues decreased by 23.0% to £9.8m, reflecting the timing of shipments into the Middle East and reduced volumes in Africa, which benefited from one-off launch volumes into Ivory Coast during the same period last year. We continue to expect the International business to deliver profitable growth across the full year.
In-line with our strategic plan, OoH revenues declined by 6.2% to £8.6m, reflecting the withdrawal from unprofitable accounts in the second half of FY23. The OoH business continues to show improved profitability as the benefits of the strategic review are realised.
Cash and cash equivalents at the end of the Period were £73.0m (31 December 2023: £67.0m).
Outlook
The Board remains confident that the Group, underpinned by the strength of the Vimto brand and the Group's diversified international business model, is well placed to deliver profitable growth in the coming year and achieve its long-term strategic ambitions. The Group's Adjusted PBT1 expectations for FY242 변화가 없다.
1 예외사항 제외
2 FY24 expectations refers to a Group compiled market consensus of adjusted PBT £28.8m
편집자 참고 사항 : Nichols plc는 60개국 이상에서 판매를 하고 있는 국제적으로 다각화된 청량음료 회사입니다. 그룹은 영국과 전 세계, 특히 중동과 아프리카에서 인기가 있는 상징적인 Vimto 브랜드의 본고장입니다. 포트폴리오의 다른 브랜드로는 SLUSH PUPPiE, Starslush, ICEE, Levi Roots 및 Sunkist가 있습니다. Nichols에 대한 자세한 내용은 다음을 방문하십시오. www.nicholsplc.co.uk 본 발표에는 7년 유럽연합(탈퇴)법("MAR")에 따라 영국 국내법의 일부를 구성하는 시장 남용 규정(EU) 596/2014 2018조의 목적에 따른 내부 정보가 포함되어 있으며 공개됩니다. MAR 제17조에 따른 회사의 의무에 따라. | |||||||
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