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Nichols ( (GB:NICL) ) has issued an update.
Nichols plc, a key player in the soft drinks industry, has appointed Joh. Berenberg, Gossler & Co KG as a joint corporate broker alongside Singer Capital Markets. This move is aimed at strengthening Nichols’ financial operations and market presence. The addition of Berenberg is expected to enhance the company’s strategic positioning and potentially offer broader market insights and opportunities.
More about Nichols
Nichols plc is a diversified group within the soft drinks industry, established in 1908. It operates across three market routes: UK Packaged, International Packaged, and Out of Home, with a presence in over 60 countries. The company’s portfolio includes the iconic Vimto brand and a range of licensed brands such as Levi Roots, ICEE, SLUSH PUPPiE, and Sunkist. Nichols is known for its asset-light model and has a strong market presence in the Middle East and Africa.
YTD Price Performance: 2.36%
Average Trading Volume: 29,949
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £474.8M
See more insights into NICL stock on TipRanks’ Stock Analysis page.
