Nichols posts profit after tough year

Soft drinks maker Nichols, which owns the Vimto brand, has posted a profit for 2011 despite the fact that 'the UK trading environment in 2011 turned out to be every bit as challenging as anticipated'.

Soft drinks maker Nichols, which owns the Vimto brand, has posted a profit for 2011 despite the fact that 'the UK trading environment in 2011 turned out to be every bit as challenging as anticipated'.

Pre-tax profit rose from £14.8m to £18.1m, on revenues of £98.9m (2010: £83.9m). Basic earnings per share grew from 29.63p to 36.28p, while the dividend was increased from 12.55p to 14.10p.

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