date:Aug 10, 2012
nature of the first half will also hang over the industry, with the trade likely to be sitting on higher stocks.
Potential risks to Nichols business included: a poorer than expected volume performance and start up problems with its new bottling arrangements in Africa and the Middle East.
Investecs share recommendation remains 'Hold'.
At the end of July, Nichols reported a 14% increase in overseas sales for the half year to June 30, with revenue up by 10% and profits up by 14%.