- Nichols
- 11 March 2026 11:01:40
Source: Sharecast
In the year to the end of December 2025, pre-tax profit was up 21.5% to £29.2m on revenue of £175.1m, up 1.3% on the previous year.
Adjusted pre-tax profit was 7% higher at £33.6m and adjusted earnings before interest, tax, depreciation and amortisation were up 9.6% at £33.8m.
Nichols said the core packaged division performed well, delivering 1.8% growth in revenue. This was driven by another robust year in the UK, it said, where revenue rose 3.1%, "supported by product innovation, targeted strategic marketing initiatives and important distribution gains".
Vimto reached its highest-ever retail sales value at £129.1m. Nichols said this "milestone" was driven by strategic new product development, marketing programmes driving brand penetration and significant gains in core distribution.
Revenue in the company’s international packaged division was consistent with 2024, in line with the group’s expectations following its transition towards a lower revenue but margin-accretive concentrate model in selected African markets.
The company proposed a final ordinary dividend of 18.7p, up from 17.1p a year earlier.
Nichols also said on Wednesday that it will be reducing its dividend cover from 2.0x to 1.5x this year, as it pointed to a "strong balance sheet, confidence in the group's outlook and good cash generation".
Chief executive Andrew Milne said: "As a result of the continued execution of our growth strategy, Nichols delivered another strong performance in 2025, delivering solid profit growth. In the UK, Vimto has grown across its four key sub-categories, reinforcing the enduring strength and appeal of our iconic brand.
"Growth has been driven by expanded distribution, investment in our brand and our proven ability to bring compelling new products to market. Our international business delivered impressive growth in Africa, supported by our strategic shift towards a margin-enhancing concentrate model across several West African markets.
"We have an exciting pipeline of initiatives and plans across our markets in the year ahead and remain focused on delivering further progress against our medium-term ambitions, leveraging the strength of the Vimto brand, the group's diversified business model and strong financial position."
At 1100 GMT, the shares were up 4.4% at 950p.